https://old.reddit.com/r/StudentLoans/comments/1iqcp8j/federal_loans_credit_hit_215/
I haven't paid federal loans since before 2020 and I was just recently hit with a 120 point credit score drop.
Did this happen to anyone else? My wife didn't get the credit hit yet.
Didn't Biden say that no credit would be reported until Sept / December 2025?!
I was on an IDR plan before 2020.
Did Musk do this?
Burgers cannot for the life of them ever take responsibility for their own actions
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Hey /u/LambBeast have you considered not being a giant loser strag and paying your own debts? You choose to do whatever shit degree you did not us, pay your own fricking debts.
I look forward to them taking your paychecks and making you homeless because funkopops and goyslopdash comes first. You and your wife can suck peepees to pay Trump his tribute.
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He's gonna lose his house over this
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This'll be the same person who
oh you bought a Tesla 5 years ago? You're a racist Nazi if you don't sell it at a massive loss and buy a Corolla instead
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IF he had to pay his mortgage? Exfrickingscuzeme
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All those peepees won't suck themselves.
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Fedposter, have a heart! He was absolutely blindsided -- this massive hit to his credit wasn't supposed to happen until later this year!
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He could always pay off his student loans with credit cards. Those guys never pursue you.
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yeah, I'm not sure how 10 extra months of good credit was gonna help him lmfao.
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Well, at least he's right about knowing he's a loser
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The system is messed up... just not in the way he thinks it is.
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Dawg ur missing the best part
https://old.reddit.com/r/StudentLoans/comments/1iqcp8j/comment/mczctoq/?context=8
This person BOUGHT A HOUSE while they were knowingly skipping out on their payments lmao
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Sounds like my mom. She was saying that if her student loans don't get forgiven, she can't retire when she planned.
Love you mom, but I'm still voting for Trump -- you're the one who went back to school in your 50s for another degree.
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MAGIC!!
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jesus christ
does he think federal loans are some pokemons to collect them all?!
!burgers is this true??
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if by "everyone" you mean /r/wallstreetbets, then yes
iirc, interest on federally subsidized loans can be deferred so the play is to take out as many loans as possible and invest it all in stonks
https://old.reddit.com/r/wallstreetbets/comments/1dnxici/i_invested_my_student_loans_into_the_stock_market/
Q: Isn't that against the terms of the loan?
A: lol, lmao
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what an r-slur
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There's no way. He would have been in default of the loan and no way he got a mortgage in default of school loans.
Krayon sexually assaulted his sister.
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He has a wife too so maybe they got it together?
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Sounds like she hasn't being paying either
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lmao, made for each other
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Interest rates on those loans are really low so you can just take all of them and use high yield savings accounts to sort of offset the overall cost and then just pay it back lump sum when payments start
But most people who end up in these situations (r-slurs) just use the excess money to "have fun" or "not suffer" by switching to nicer dorms, or going out all the time, or whatever until its all gone
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Not exactly... I'm also not sure how this guy managed to end up with 7 different federal ones if all he has is a bachelors
I have 3 and that's only because I was an r-slur about it, it could have just been 1 or 2
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Mine were different between each year and sub'd or unsub'd. I'd try to get them condensed to one of two but the interest rate keeps climbing and refinancing at this point would be stupid.
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It's true. I'm 40 and still have 37k left to pay off.
But I've got multiple properties and two degrees making good money.
This poor just can't stop making bad decisions.
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neighbor you said you make 200k yesterday, why are you still in debt? is the interest rate like 2% or something?
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Why do poor people never understand how debt works?
I've got private student loans locked in at 2.7%.
Why on God's green earth would I prioritize paying those off when I can make 7-10% in the stock market?
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Nice edit.
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I like the mod getting snarky with people then removing responses when they clap back. Classic reddit.
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You can tell it's a foid.
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These are the "highly educated" people telling you Ackshully you weren't forced to take the clot shot
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I havent made payments because my shit is in forbearance. I'll actually be able to fully wipe out some of the multiple student loans when forbearance ends to reduce my monthly payback. I cant even imagine not paying these out once I'm obligated to.
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Yeah how do people even do this? It can't just be loans. This dude probably also has massive credit debt in general.
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I wont ever understand peak poors. I dont know why "if you can't buy it outright you can't afford it" is too hard for them to get
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Smh, !commenters this is why you anti credit score max. Mine is so low it literally couldn't drop by 120 points!
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I would love to live in Japan. My husband would love to live in Japan. Unfortunately it is a bureaucratic hellscape where you can't even start a company without the permission of a specific high-ranking government official and changing your visa.
Maybe I am just a dumb American, but you'd think Japan would love to see foreign entrepreneurs starting companies just like basically every other country does.
1. Husband speaks Japanese and likes Japanese culture (he does genuinely speak Japanese, not just like kawaii desu anime Japanese).
2. I want to live in that area of the world (south-east-ish Asia).
3. Japan seems cool and it's a compromise.
4. US is backsliding into authoritarianism
5. Have a higher-ed degree that a competent authoritarian gov't would target
6. Both of us are transgender & bi
I don't really have much family since my family, besides my siblings, have basically disowned me and I haven't seen them in ~a decade. My husband has a bigger family that are super welcoming and we'd miss.
It isn't so much a dream as it is survival. I am sure they'll be people saying we are being overly dramatic with making plans to flee the country, but I'd much rather be overly cautious than end up dead, in a camp or having to file for emergency refugee status. Trump losing bought us at least 2 - 4 years. It isn't that I hate America, it's that America seems to hate everyone like me.
Snapshots:
https://old.reddit.com/r/StudentLoans/comments/1iqcp8j/federal_loans_credit_hit_215/:
undelete.pullpush.io
ghostarchive.org
archive.org
archive.ph (click to archive)
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