How do you take out as much debt as possible so you can just not pay it back?
In the USA
How do you get as much money as possible

Tips for people with a Job, without a job, bad credit, good credit, collateral, no collateral/house/cars etc and various different situations

>>60659040 (OP)
that Trotsky looking fuck needs to hairtransplantmax ASAP

>>60659049
Stop caring what women and feminine men think

I saw a Tiktok of some guy in Europe who took credit loans and bank loans all over his country and then just got on a plane and disappeared completely, switched phones, changed his name, travelled to like 20 countries all over the world just living his life. Im not sure how he keeps up his cash flow tho, disappeared off my feed since.

I really dream of that honestly. I dont think national banks in some shithole in Europe have international reach to come and crack down on you for not paying your debt. At most they send private investigators but who the fuck will send one after you overseas right?

Wish I wasnt retarded and destroyed my credit score during Covid, I could be living my life right now.

>>60659061
Yeah definitely but any kind of free money is worth it
Need ideas

>>60659061
Yeah definitely but any kind of free money is worth it
Need ideas
One small example is take out a payday loan, withdraw all money from bank account you got the loan with, get new bank account with different bank and deposit all money there and never pay the old bank or payday loan company back
Boom free one thousand dollars

I tried uploading a picture of this guy sucking dick but the png itself seems to be blocked. I'll Screencap and try again

Also buy an ad

Slurp slurp

>>60659075
>>60659079
IDK wtf is a payday loan, but it sounds American, and honestly the stories I heard from debt collectors in the US is just spooky. I wouldnt mess with that kinda shit over there desu. Bunch of "3rd party contractor" tards with lubricated rifles just showing up at your front door in the middle of the night? fuck that.
Also all that just to get 1k$? nah
How many times would you be able to get away with it before other banks in your area just decline you? Ya gotta do it once and make it big, the dude I saw on Tiktok iirc took out upwards of 15k to 25k from every bank individually and on the same day. Travelling to shitholes with 130k in cash can last you years if your not retarded. But I wouldnt fuck around in the US.

What the hell, it didn't post again

The truth is finally free. I'll accept a ban now, fuck this israeli honeypot shithole

>>60659118
Don't believe everything you see online lol

>>60659156
I usually dont, but I dont see why what he did wouldn't be possible even if the numbers were exaggerated.

Shit, if not for Covid I could comfortably take out a 55k$ loan and disappear right now to SEA or Russia or wherever and live comfortably without having to work for the next 5-10 years.

>>60659119
Gross

>>60659061
>>60659040 (OP)
debtmaxx, buy bitcoin, and chill. when the bank calls asking how much you can repay each month, you say "aw geez dude i dunno like $3?"

>>60659119
1. That doesn't even look like Sam
2. Reported. Enjoy your ban for posting gay shit on a blue board

>>60659227
Hi jet

I'm just saying, if you guys don't wanna buy an ad I think it's fair to preface sams "success" came from sucking dick

It's a public service to inform anons

>>60659040 (OP)
>How do you take out as much debt as possible so you can just not pay it back?
establish LLC in minecraft
take on loans, use to buy capital
never pay back (or take new loans to pay back old loans)
write off capex of expenses
eventually restructure debt or just default lol

this is not advice but its actually legal and this is what businesses "are".

>>60659227
I'm unbanned already

What the fuck,? Check the archive!!!! There's shocking evidence!!!! Jannies covering up sam hyde sucking penis???, what the heck man!!!

>>60659227
Oh, also anon, it is against the rules to announce reports. Your post implied it. This is against the rules. Also please purchase an advertisement, sam didn't suck my cock so I don't know what's going on here.

>>60659268
I keep seeing this shit about LLCs, but apparently they're even harder to get loans for than private persons? They demand proof of revenue and sometimes even entire business models and strategy since it's *limited liability* after all, the banks will hesitate to give you anything and from what Im seeing will triple check your shit, it's not like you can open an LLC on Sunday and get a loan Monday. Or am I missing something here

>>60659311
>>60659313
>>60659322
My brother in Christ I dont really give a shit about Sam. Last time I gave a shit was back in 2012 and it was for about 30 mins because he made some funny TV show or whatever the fuck.

>>60659040 (OP)
Lend money from the cartel, just like this guy:
https://www.youtube.com/watch?v=dMNBjH--74w

there's a way out of credit card debt that prevents bankruptcy, but it will ruin your credit for several years. You just stop paying the credit cards. After about six months of non-payment, the bank sells the debt to a debt collector. They'll start sending you notices. Ignore them for 3-6 months, then call them and offer to settle for 30 cents on the dollar. They will try to negotiate but tell them that's all you have. You must have the funds available during the call to settle. The collection agency will issue a 1099g for the forgiven amount. So you might have to pay income tax on the forgiven amount but if you're that low income maybe not.

>>60659061
I don't see any downsides to this watertight plan

>>60659040 (OP)
debt max assets that will gain value over the debt interest rate, if you debt max consumerist shit you're just a good goy

>>60659061
>I saw a Tiktok of some guy in Europe who took credit loans and bank loans all over his country
This doesn't even work. When you apply for a credit card it triggers an inquiry on your credit file. A bunch of them in a short period sets off alarms with the bank and they'll just realise what you're doing and deny you

>>60661340
Actually, there are many bank apps that have something called "Instant one-click loan" where you can get a loan (with horrible interest rates, obviously, to lure retards) without it even going through your banker, as long as you have stable income and good overall rapsheet.

>>60659124
>not coming here to just troll the glowie IDF fucks

You will never have the back window of your shitbox blown out by Jewish space lasers because your shitposting was so dank.

>>60659040 (OP)
If you take out a collateralized loan and don't pay it back you will lose your collateral. Sam was talking about unsecured debt.

>>60659040 (OP)
I never bothered to get a credit card until my late thirties and a decade later my credit is shot for missed and late payments. My total outstanding debt is only CAD~$4K between two cards, but it's just plain retarded. I own a property outright worth ~$300K and the property tax is up to date. My power and gas is shut off so it makes things most people take for granted (like laundry) exceedingly labour intensive.

Debt Maxxing is pretty much impossible without a strong credit rating, I'm thinking. I suppose to do it successfully it'd boil down to measured increases in one's debt ceiling before pulling a grand swindle.

>>60659124
>>60659313
>>60659322

wtf i did check the archives did sam hyde really suck dick?

>>60659040 (OP)
Sam Hyde is literally a subhuman who needs to be put down for looking like that

>>60659040 (OP)
>debt max and destroy your credit score
>however it takes decades to build your credit limit to six figures
>can't get a loan for literally anything else ever again

Debt maxxing seems only viable in select cases where you are old and don't have too much time left so you might as well just cash in

>>60663263
how tf do you check archives?

>>60663760
its the archive https://warosu.org/biz/

>>60659061
My father managed to rack up $300k in consumer debt. This was in the form of car loans, lines of credit, payday loans, credit cards. The bank just kept feeding him money until he declared bankruptcy. He settled for 60k over 5 years ($1000/month).

>>60663350
My old man who was generally very responsible with finances had an outstanding stealth credit card from one of the shittiest consumer banks. The outstanding balance was only around $370 and I went to pay it off one day with cash, and there was some niggermorole about doing that. One of the bank clerks was like a danger-haired tranny weirdo, and I'm a pretty easy-going guy buy caught myself thinking along the lines "Of course there's a lisping fuckface behind the counter."

Anyway, in my busy life I missed a deadline for payment and they sent it to collections. Flash forward three years later (forty telephone calls) and I'm still doing the Sam Hyde thing:

"Aw shucks, Brenda, it's been a difficult last few days. I needed new tires for my truck and it drained all my cigarette and beer money for the upcoming few weeks. Now I'm down to bottle money from the depot just to get a hand job from the nice fellow who hangs-out under the bridge! How much do I still owe your outfit?"

"Forty-eight dollars and eleven cents."

"Good god. I'd love to tell you that such an amount is like a cool breeze through my bank account, Honey, but even thirty bucks would put a serious dent in my lifestyle. How about I pay $8.50 by next week?"

LOL! It's like the agency has spent over a grand so far collecting less than four-hundred bucks! WTF?

>>60659379
It depends on how big of a line of credit you're trying to get, usually the time frame for this is 6-18 months.
>Obtaining an EIN (Employer Identification Number)
>Opening a business bank account
>Applying for and using business credit cards
>Establishing trade credit with vendors
>Paying bills and credit obligations on time
If you can manage just enough cash flow to pay your denbts (say, faking invoices for "cash flow" then paying balances out of your personal income) then your LLC will develop its very own credit score, but just like a person's, you have to establish it over time. Once this is done a line of credit sub $50k is not hard to achieve at all. If you're willing to commit bank fraud then sky's the limit on how much you can pull down. I knew a guy that I met in a prison camp doing 7 years for wire fraud and bank fraud doing stuff like this. He used to be a high school teacher but greed got the best of him. He was "brokering" loans for oil & gas exploration and speculation, buying equipment, etc... through his LLC. At the end of the day there was no equipment or land, he had $2.1 million in various accounts and one of the guys he fucked over was best friends with the Colorado attorney general. He got fucked.

Short term EZ mode debtmaxxing is to enroll at whatever community college or FAFSA listed school is near you and then fill out the loan application as a complete destitute (that is, no income, no job, no housing, minority ethnicity female identifying, etc etc) for max gibs. Then, "attend" classes full time for about a month or however long it takes for your school to certify your loans, and then stop by the financial aid office and pick up a check for $6000-$12000 sometime this fall. You don't have to do much coursework at all, just be there and act like you're about it. Once you cash that check just bounce. I wouldn't recommend this unless you plan to van life before you kys or yolo on crypto before you vanish in bangkok though.

>>60664134
Forgot to mention that for student loanmaxxing you can do this multiple times.

>>60659118
That sounds like some shit from Japan and Yakuza. It doesnt work like that in the US.

Banks,credit unions and whatever in the US are largely separate from ganglike kickback. They just send you a bunch of mail or call your phone a ton. Worst case scenario you get sued but no one from a named institution will ever show up to your door to collect payment.

I had a loan for furnitire ,like 4k I never paid back and also 1k loan for a dental bill. Phone calls every morning were the worst I got.

>>60659268
every single person parroting this shit has never done this and has no idea how this works lmfao

>>60664134
>If you're willing to commit bank fraud then sky's the limit

Sounds like something I could probably pull off, hell with AI these days surely it would make it far easier than without it I reckon, just gotta proof read and touch up whatever I give it a few times.

>7 years in the can for $1-2 mil
Also sounds like a risk Im willing to take, hell it's better than kmsing or being in a constant state of wanting to by wageslaving. It's not like Im planning to stick around, as soon as I withdraw that last cash Im gone. Im aware banks dont usually allow you to withdraw huge sums at once so I'll just do it incrementally. Thank you for the good idea anon.

So far, I have paid absolutely nothing on >50k of student loans for 5 years with no interest or penalties and I have a plan to continue to pay nothing or very very little even though Ive been making >100k.

When SAVE forbearrance is over, I will take CC classes every other semester to stay in deferrment until I can get my employer to sponsor my masters degree, then that will keep me in deferrment. This should get me through another roughly 5 years of waging. At that point, If I want to keep working, I will go on extended repayment which is only like 200/month (lmao!). When I'm ready to quit, I will qualify for a mortgage while I still have W2 (mortgage interest deduction should be higher than the standard deduction+I can itemize). I will easily have enough assets to live off dividends in my brokerage, and the deductions will offset my income so I'm paying no taxes and I qualify for a 0/moth payment on the income based plans.