3 ms·
5. Unsecured debt is unsecured! You should feel free by that! They took the risk on you! If you can't pay, don't.. yes your credit will hurt and it will hurt
by sjg007 8y ago
5. Unsecured debt is unsecured! You should feel free by that! They took the risk on you! If you can't pay, don't.. yes your credit will hurt and it will hurt some future plans potentially but at the same time it is not the end of the world.
- amorphid 8y agoI see you've never had student loans in the USA :) There's no way to escape those unless you're in a permanent coma and Obama is still POTUS.
- sjg007 8y agoStudent loans are secured. They are secured to your future income, tax refunds, and social security. Only dischargeable in extreme hardship. They are basically the most secure debt in the country.