“Never pay your student loan debt “- Bandman Kevo

[BrothaZay]

 

[Kasper KArr]

@Strapped

 

[KRayner]

so if i got 50K+ in student loans with 3-4% interest, i don’t pay it at all? and nothing bad will happen?

this sounds dumb af but what are the real penalties of not paying your student loan?

 

[Phantum]

If you never pay it they'll start taking your tax return and other stuff.

 

[Originalman]

This dumb as hell as I specifically posted this video in the scammer thread this past weekend.

Dude a scammer, a high school drop out who never even attended college and was arrested for bank fraud.

Second what he said is wrong if you pay off your student loan it doesn't stay on your credit report as bad. It will be on your credit report as paid off account which means it does not hurt you in any way. Outside of the initial hit of an account closing (no more than paying off and closing a loan for a home, car or credit card account) then 3 to 6 months latter your credit score will go up.

 

[Brolic]

so if i got 50K+ in student loans with 3-4% interest, i don’t pay it at all? and nothing bad will happen?

this sounds dumb af but what are the real penalties of not paying your student loan?

No, they can start garnishing wages and take your tax refunds.

 

[Originalman]

If you never pay it they'll start taking your tax return and other stuff.

Yep if you don't pay it and let them know that you are having financial issues they will garnish your employee checks and refund checks. I personally knew dudes who got they refund and employee checks garnished.

You never want to default on your student loan. It can prevent you from getting a home loan, car loan and credit cards.

 

[KRayner]

No, they can start garnishing wages and take your tax refunds.

sounds about right, dude in the video is dumb af

 

[Tribal Outkast]

Listen to him if you want to

 

[Heafcliffe]

Imbecilic.

 

[Dafunkdoc_Unlimited]

This is like when dudes who have no children tell you how to be a father.

​

 

[Brandsdale]

these nikkas again man

 

[KFBF]

so if i got 50K+ in student loans with 3-4% interest, i don’t pay it at all? and nothing bad will happen?

this sounds dumb af but what are the real penalties of not paying your student loan?

I believe it depends on the loan type. I've had friends with private loans that didn't pay for years eventually the servicer contacted them and offered them a deal to pay like 25% of the original amount.

 

[dr. pill biden]

i was told not not to pay them, but to pay the minimums on it forever until you die basically


we did the opposite and finna completely pay em off and be debt free in a few weeks but i still wonder if that was the right call

 

[Roger king]

Think you can just not pay your debt to the federal government brehs