/debt/ general

/debt/ general

How much debt you got?
Do you owe any collection agencies money?
What’s the most efficient way to obtain debt?
What’s the best kind of debt to acquire?

0, I'm european

>How much debt you got?
About $ 550,000.00

>Do you owe any collection agencies money?
Nope.

>What’s the most efficient way to obtain debt?
Using an asset as a security in the event of a debt default. Lowest loan rates.

>What’s the best kind of debt to acquire?
The ones with the lowest rates, e.g. securities. You put down an asset, lend on it. Loan is 4%. You can have an agreement in place where only the interest on the loan is paid off, and the capital isn't. So much more cheaper. All you do is renew the loan.

>How do you keep up the payments?
My assets are valued at $ 1.2 million, so they could easily be sold to pay the loans off. I don't bother though, as it's business assets

I work 12 hrs a week btw and make $ 7,500.00 a month.

wow 55.5000 what a fuck idiot

21k from college, but I got a nice job and have no problems making good sized payments into it and savings/investments.
Lifes pretty nice user.
Went to community college for 2 years, then finished at a 4 year instate uni. Saved so much fucking dough, and honestly some of the community college professors were outright better than many at the university. Those ones seemed to just be doing it for extra money/passion tho

How much debt you got?
nothing
Do you owe any collection agencies money?
no
What’s the most efficient way to obtain debt?
are you retarded
What’s the best kind of debt to acquire?
school loan

I have ~$1,000 of credit card debt that I'll pay off at the end of this statement before interest starts accruing. I use my CC for every purchase because I enjoy the cash back.

I also have ~$15,000 of student debt at 0% interest that I pay the minimum, $200 per month. I started with $50,000 of student debt with interest that Ive already paid off.

0, I avoided all the life memes

7k left on my car loan, 21k in student loans
hopefully this crypto meme can get me clear of this. looking good so far

> what a fuck idiot.

No, not really. You'll find a lot companies have business debt of somekind. You really should do your homework, son.

My loans are all offset against business assets anyway, which are more than double the value loans, plus the income from employment as well.

The loans are all really well managed and I have business lenders queuing up with rates of 1.6% - 2.85%. I just re-invest the loan money at get 8% - 10% return. I cream the profit.

You really don't have a clue, do you?