Re:Defrauded students to receive loan forgiveness
by likpok on Friday March 19, 2021 @06:54PM
(#26518998)
The long term consequences end in 7 years, when the bankruptcy falls off your credit report.
That means that by 30 you'd be free and clear. Most people don't need much credit before then anyway: the median age of first time homebuyers is 33. You'd pay a lot more for a car loan or a credit card, but you don't really need either of those things either.
That means that by 30 you'd be free and clear. Most people don't need much credit before then anyway: the median age of first time homebuyers is 33. You'd pay a lot more for a car loan or a credit card, but you don't really need either of those things either.