4 points
Your second option is 2 options. You dont need to default, just never finish paying it off.
9 points
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The terms of a loan boil down to “we’ll give you x, pay it back plus interest in y amount of time”. How do you stretch something with a legally binding predetermined end out indefinitely without hurting your score or financial wellbeing?
5 points
4 points
10 points
Maybe you could just keep refinancing over and over until you’re making 0.01 payments a month on 100 loans. And have a max credit score.
6 points