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TopicWould you say it's low class or trashy not to pay your debts?
krazychao5
11/10/22 12:26:01 PM
#13:


AzNDarkSamurai posted...
How and why do the rich do things like this?

The consequences to not paying your debts are very bad. Your credit will get destroyed, youll get sent to collections, you wont be able to secure any decent credit cards, you wont be able get decent rates on home loans, some jobs wont hire you due to your bad credit, and more

why would the rich even think about ruining their life like that if they have the means to pay it?
hint - credit is not the be all end all. you don't need a fab credit score when you got a house and car already. collections get wiped off after 7 years too. it's not that big a deal

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