Thread 60896138

I just discovered a loophole in the credit system to make a shit ton of money.

>buy expensive ford/chevy/whatever mutt-truck battle tank with lifts on credit
>sell it on facebook marketplace for almost full price
>profit
Why is no one talking about this???

>>60896138 (OP)
You're a goddamned idiot

>>60896147
What you mean because you still owe the credit? Just don't pay it back, right? I saw a youtube video where a guy said you can just keep ignoring them until they get desperate and set up a $5 per month payment plan

>>60896138 (OP)
holy shit i'm gonna try this

You can’t transfer the title while the cars lien’d though

>>60896138 (OP)
So the problem is that you don't own the car until you pay off the loan, you usually can't buy a car using a credit card, otherwise anyone could just buy a car then file a chargeback and get a free car lol.

However, you could theoretically use all your credit cards to buy bitcoin/crypto, however if you don't pay it back you could be sued, wages garnished, etc. And if you try to declare bankruptcy they'll examine your charges and you could be charged with fraud.

However, there's something similar that I always thought about - so many big fraudsters on YouTube get their $400k+ bank account seized and lose all that money. Why didn't they just put it all in Monero then hide the hardware wallet??? Then after prison they'd have all that money back. All those idiots on Matt's fraudster interview channel end up losing their whole bank account permanently when its seized by the feds.

delet

>>60896138 (OP)
>this nigga tryin to arbitrage trucks on high interest leverage in a decreasing sales market

>>60896174
that is lol

>>60896138 (OP)
If you can sign up under a fake name/account and pass credit with it sure - but you'll always be on the run because youre committing fraud - its one of the oldest tricks in the book this btw - the only real victim is the sucker you sell it too because the bank always get their vehicle back under the nemo dat rule

>>60896458
>$24,000 for a $5K 90s Ford Focus beater

>>60896458
>da boytruth

>>60896458
>>60896559

>>60896854
>>60896458
Fucking hell are these real? Jesus

>>60896854
inspiring

>>60896559
>$5K 90s Ford Focus beater
that shit box is $500

>>60896559
They know they will stop paying after like 5 months and will repo the car and lease it to next retarded nigger

>>60896288
>Why didn't they just put it all in Monero then hide the hardware wallet???
How do you know they didn't do that?

>>60898100
They admit their bank accounts were seized and lost all their money, so when they got out of prison they were broke... I guess they could be lying but most of them made really dumb mistakes and oversights, hence why they were busted in the first place and interviewed on the Matt Cox show. Maybe you're right though, who knows.