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Replying to Avatar Simply Nostr

Why would you go to jail for not paying back a loan?

Wouldn’t they just report it on your credit?

Try to get collections agencies to bother you,

Maybe some folk might get sued in civil court for money that you owe….

But I don’t think it would be criminal like having to serve jail time

If I had good credit I’d max out some cards to buy bitcoin and then just not pay it back but I can’t do that bc my credit is already 💩

Plus bankruptcy is always an option

Idk I’m an idiot 😆

98
Beiner 1y ago

True, true, because I'll be honest. I took a loan and I ran off on the plug and collections is calling me. 🤷🏽‍♀️🤷🏽‍♀️

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