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A comment on Can We Survive the Next Financial Crisis?. Parent comment

Re:Can We Survive the Next Financial Crisis? by beaconstudios on Monday September 10, 2018 @07:12PM (#17955922)
of course, but my interpretation of OP's comment was that they went into a purchase with the intent of defaulting. To me, that's fraudulent - IANAL but that would seem to be legally fraud too. It's really no different from chargeback scams.
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Re:Can We Survive the Next Financial Crisis? by spacehome on Monday September 10, 2018 @10:38PM (#17956807)
It's only fraud if you take out the loan with the intention of not repaying it. sigfubar never says when he came to the conclusion that repaying the loan is a bad idea. If it's any point after he took out the loan, it's not fraud.
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