Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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The numbers will determine your fate (lemmy.world)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 7 months ago (2 children)

Your second option is 2 options. You dont need to default, just never finish paying it off.

[–] [email protected] 9 points 7 months ago (1 children)

Maybe you could just keep refinancing over and over until you're making 0.01 payments a month on 100 loans. And have a max credit score.

[–] [email protected] 5 points 7 months ago

Real-life min/max'ing right here

[–] [email protected] 7 points 7 months ago* (last edited 7 months ago) (1 children)

The terms of a loan boil down to "we'll give you x, pay it back plus interest in y amount of time". How do you stretch something with a legally binding predetermined end out indefinitely without hurting your score or financial wellbeing?

[–] [email protected] 4 points 7 months ago (1 children)

Take out a personal loan for the balance?

[–] [email protected] 2 points 7 months ago

Isn't that just kind of burning money at that point, i.e. harming your financial wellbeing? Also, aren't personal loans seen as "bad" for credit score purposes? I had to take one out a few years back and my score dropped like 45 points within the week