Greentext

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This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.

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Early_To_Risa@sh.itjust.works

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Take out a huge loan (cdn.imgchest.com)

submitted 3 days ago* (last edited 3 days ago) by Samdell@lemmy.eco.br to c/greentext@sh.itjust.works

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[–] blarghly@lemmy.world 2 points 3 days ago (1 children)

You can do this, but their response will be to tank your credit. Which makes it hard to get any new loans. Including home loans. Also makes it hard to rent a place, since almost all landlords do a credit check. Hard to get a normal auto loan if you need to buy a car. And iirc, your credit card interest rates will go up.

[–] cheers_queers@lemmy.zip 1 points 3 days ago

When i said small debts, im talking under 100 bucks. That doesnt go on my credit report.