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Pro tips for paying off your student loan debt
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02-20-2022, 07:30 PM
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#1
- swoleyo
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- swoleyo
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Pro tips for paying off your student loan debt
Apply for a "construction loan" for your property. These can be anywhere from 5k to 350k.
Use construction loan money to pay off your student debt. Sell house directly after if you have one.
Refuse to pay the construction loan and claim bankruptcy.
Boom you just paid off all your student debt. Your credit will be bad for ten years but that's better than paying student loans off for 20+ years.
I've used construction loans before. Yes, they absolutely hand you a check that you can use to spend on whatever.
Follow me for more pro tips on how to defraud the bank.
Use construction loan money to pay off your student debt. Sell house directly after if you have one.
Refuse to pay the construction loan and claim bankruptcy.
Boom you just paid off all your student debt. Your credit will be bad for ten years but that's better than paying student loans off for 20+ years.
I've used construction loans before. Yes, they absolutely hand you a check that you can use to spend on whatever.
Follow me for more pro tips on how to defraud the bank.
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02-21-2022, 12:01 PM
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#2
- swoleyo
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- swoleyo
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This is genius and nobody cares. Misc would rather talk about BBC/cuck/prostitutes
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02-21-2022, 12:04 PM
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#3
- IPoopStandingUp
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- IPoopStandingUp
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pro tip: don't go to college and make bank as a tradie.
bonus: monster and chewing tobacco every morning
bonus: monster and chewing tobacco every morning
02-21-2022, 12:09 PM
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#4
- chaunce54
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- chaunce54
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OP, that's my retirement plan.
Just add a step of "flee to country where $1K US is like a million in that country".
Just add a step of "flee to country where $1K US is like a million in that country".
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WWPB2D
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The beatings will continue until morale improves.
02-21-2022, 12:20 PM
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#5
- Friendster
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- Friendster
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doesn't the house have to be fully paid off before you can sell it? i have no knowledge on this
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02-21-2022, 07:32 PM
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#6
- swoleyo
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- swoleyo
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Originally Posted By Friendster⏩
You sell it before you default on the payments. They could put a lean on the house, but they won't know if you quietly sell the house before you stop making payment on the construction loan.doesn't the house have to be fully paid off before you can sell it? i have no knowledge on this
I should of been in the mafia.
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02-21-2022, 07:39 PM
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#7
02-21-2022, 07:43 PM
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#8
02-21-2022, 07:56 PM
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#9
- GainzMcgee
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- GainzMcgee
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Originally Posted By swoleyo⏩
if you get a loan on the house dont they put the lien on anyway?You sell it before you default on the payments. They could put a lean on the house, but they won't know if you quietly sell the house before you stop making payment on the construction loan.
I should of been in the mafia.
I should of been in the mafia.
02-21-2022, 08:00 PM
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#10
02-21-2022, 08:01 PM
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#11
02-21-2022, 08:07 PM
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#12
- BuckNakedinBama
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- BuckNakedinBama
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Refinance your debt yearly to pay the minimum over 30 years
Eventually die
Boom debt solved
Eventually die
Boom debt solved
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02-21-2022, 08:39 PM
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#13
- Friendster
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- Friendster
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get in here Motiviert
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