For those watching though, please don’t disregard the creditors! There IS reprocutions: your credit score will be greatly damaged and the loan will go in to default.
Try leasing a car or buying a house with that on your credit report.. please be vigilant!
Credit scores are a scam. A person could pay off all their loans on time or early for 20 years, then not get anything on credit for one year, and their score will be lower than someone who has a balance on 5 different credit cards. So, essentially, you’re being forced to keep a balance on your card if you want a higher score.
The fact is if you have a down payment you can do any of those things. Maybe we as a nation should focus on growing real savings and sound investing before credit?
Loans are a complex topic. Many people are just not familiar with all the terms and technical aspects involved in the loan process. It can be very confusing to try to figure out what loan is the best loan. When it comes to student loans it can be almost a hassle to try to figure out exactly what terms, conditions and costs are for each loan you may be offered
Yeah your right but these loan guys need to lighten up not everyone is out to jip them its the other way around they are just legal loan sharks tamed but nonetheless jerks. Its a business and like most banks they don’t care who they have to step on the get their legal tender. See zeitgeist.
Lol, I would never do that. It was just a funny thought and true.
I’m solely responsible for them, so if the school tries to fuck up my health care and I die, then they are just shit out of luck for getting their money back.
I believe most forms of education should be free to everyone, they tell us to go an get an
education but make it hard as hell to do it without worry. When you think about it, it isn’t the degree that puts food on the table, its us, we shouldn’t have to sit around and dwell on the issue of being able afford a good education or not. I known people who really wanted to make it out of the hood by furthering their education but never got accepted anywhere, so they had to settle for the streets.
I went bankrupt and trustme, i know the feeling.
HILARIOUS How they think they have your life! Guess what, u just have a papaer that says I owe you money
This is a funny commentary… don’t get me wrong.
For those watching though, please don’t disregard the creditors! There IS reprocutions: your credit score will be greatly damaged and the loan will go in to default.
Try leasing a car or buying a house with that on your credit report.. please be vigilant!
If you have facebook, there is a group with 200+ thousand members called: “Cancel Student Loan Debt to Stimulate the Economy”
There is also a petition which you can find there.
Credit scores are a scam. A person could pay off all their loans on time or early for 20 years, then not get anything on credit for one year, and their score will be lower than someone who has a balance on 5 different credit cards. So, essentially, you’re being forced to keep a balance on your card if you want a higher score.
The fact is if you have a down payment you can do any of those things. Maybe we as a nation should focus on growing real savings and sound investing before credit?
Loans are a complex topic. Many people are just not familiar with all the terms and technical aspects involved in the loan process. It can be very confusing to try to figure out what loan is the best loan. When it comes to student loans it can be almost a hassle to try to figure out exactly what terms, conditions and costs are for each loan you may be offered
aint payin mine back..movin abroad dlool
Yeah your right but these loan guys need to lighten up not everyone is out to jip them its the other way around they are just legal loan sharks tamed but nonetheless jerks. Its a business and like most banks they don’t care who they have to step on the get their legal tender. See zeitgeist.
Ahhh nothing like being forced to work and kill for the banks!
FUNNY
That’s true! If I don’t graduate, they aint getting SHIIIIIT!
I have to start back paying this month..and trust me I am not happy
you’ll never get anything if you do that #1 worse loan to default on is a student loan say good bye to your life if you do that.
Lol, I would never do that. It was just a funny thought and true.
I’m solely responsible for them, so if the school tries to fuck up my health care and I die, then they are just shit out of luck for getting their money back.
I believe most forms of education should be free to everyone, they tell us to go an get an
education but make it hard as hell to do it without worry. When you think about it, it isn’t the degree that puts food on the table, its us, we shouldn’t have to sit around and dwell on the issue of being able afford a good education or not. I known people who really wanted to make it out of the hood by furthering their education but never got accepted anywhere, so they had to settle for the streets.
Just make sure no one else co-signed for you.
thats not really hurting them any ur the one whos gonna remain in debt.
I went bankrupt and trustme, i know the feeling.
HILARIOUS How they think they have your life! Guess what, u just have a papaer that says I owe you money
I graduated but I couldnt find a job so yeah they’re not gonna get shit fro me. I can’t pay back money IF I DON’T HAVE ANY lol
word of advice…. whatever you do, DO NOT DEFAULT on your student loans. It will ruin you! Do some research on the subject!!!!!!
I can not believe people are downvoting this…. its the absolute truth, Defaulting on a student loan is financial suicide.
The 1st 25 seconds were the story of my career
As a college student…i could relate….lol
This guy is funny! He said “What are you going to do, call me twice?” LOL I love his voice!
haha, that’s why some studnet stay home and go to community college. Save some money, but still need loan.
Good young comedian. he has good delivery, very quick wit and picks good topic matter