a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by veen
veen  ·  2265 days ago  ·  link  ·    ·  parent  ·  post: The looming student loan default crisis is worse than we thought

I thought the same thing, but it is easier paying off your indulgence/student debt when you've defaulted on all other debts.





kleinbl00  ·  2265 days ago  ·  link  ·  

If you default on your house, they take your house.

If you default on your car, they take your car.

If you default on your student loan, they take your livelihood.

snoodog  ·  2264 days ago  ·  link  ·  

Car default is pretty bad it’s usually a recourse loan do they can garnish wages