It's literally impossible to pay off debt

it's literally impossible to pay off debt

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Just pay off a loan with another loan. It’s so easy, user.

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No, it isn't. As of this moment, I don't have any debt.

what kind of idiot do you have to be to be in debt? asking for a friend

>he got KIKED

Dropping out of college and buying Ethereum were the two best decisioms Ive ever made in life.

Just look at the goddamn interest rates before you sign your life away to some kike ffs.

or just don't pay it off. who cares? how can you owe money to someone thats not even a real person ?

so don't pay it back.

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The only way out is through. Getting into debt is much easier and more fun than getting out of it, but it isn't impossible. You need to sit down, make a plan, and stick with it until the debt is dead.

Alternative pithy saying: if you find yourself in a hole, the first step is to stop digging. You got into debt because you bought things you couldn't afford, and now you need to not buy even the things you can afford in order to make up for it. Unless you reduce your spending, you'll never make progress.

If you get into debt, you are incapable of getting out of debt... so do the opposite. Lose everything, get them to pay you, Jew it up.

why do we even have to pay interest rates when banks get free money from the fed?

a kike would tell you they don't get the money for free, they pay interest as well

I wouldn't consider it free money, but cheap money, absolutely.

The current Federal Funds rate is at 0-0.25% in Sept 2020. The fact that people buy loans shows their lack of financial intelligence.

It's not that you have to pay interest rates. It's that people choose to and banks rake in trillions for the dumb, impatient, and sometimes even useless. A man quick in his steps misses the way, and by golly has America missed it's way with financial intelligence.

Because thats the LAW, you really don't want to break the law by not paying us our little interest, now do you? Thats right peasent, now go work your ass off.

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imagine unironically being in debt for anything that isnt a productive income-generating asset

normalfags are disgusting

Literal smoothbrains. Every single one of you. OP was hinting at the banking system. And he is correct, it is impossible to pay off debt. Your fucking Dollars in your pocket is nothing else than debt.
But that's too high IQ for you debtslaves

You either debt Max or don’t get into debt. “Good debt” is a meme if you can’t afford it you don’t need it. You want money for a business? Make sure you have money for at least 5 years because unless it’s revolution you’ll be in red before you make any real profit. Don’t drag friends and family unless they’re paying

Dude, debt gets paid often, i don't think impossible is the right word.

nutildah is that you?

>OP was hinting at the banking system
How do you know? There are plenty of idiots who literally cannot stay out of debt.

i wasn't hinting at the banking system. Just ordinary consumer debt. It's stupid hard to pay off

worrying about a country's debt that you have no say in whatsoever shouldn't be an excuse on why you yourself are in debt. If you were high IQ you would know this.

why dont you just go balls deep and take out all the money out of all your shit, and call it a day?

>There are plenty of idiots who literally cannot stay out of debt.
And they are part of the reason that this system even got to where we are today.
>It's stupid hard to pay off
You are a retard then. Please leave this board. Why did you take on debt in the first place.

>your shit
i don't own shit

Absolutely based, dealing with this now. I was 112k plus in debt 2 years ago. Now I'm at about 56K and my assets are on track to be more than double my amount debt next summer. Like you said, you just need to have a plan, and know how much you consistently make each month and how much is going out and on what.

i needed to a car to drive to work. i needed a degree to get a job

so how did you get into debt then? lol

people cant be this dumb, can they?

>tfw literally paid off my student loan and house thanks to biz

Make and model of car? What degree and UNI? Just get a old Honda or Toyota
2-5k max and then just go to community college and transfer your credits after two years. If you didn’t do this and you are poor, then your just stupid. I’m poor, no debt have 10k saved up lost all my crypto because I’m greedy but it was only 1k invested. But I made it to 15k and it hurts losing that much at 19. It doesn’t matter since I’m on the path to a career in aerospace.

Precisely. Our fiat currency system is based on creating dollars out of thin air. Now ask yourself, how can you pay an infinitely expanding pool of cash? Trick question: you cannot...

The real question is - what is the bankers' endgame?

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