Saturday, June 7, 2014

DO SOMETHING: Ignored Debt Is Really Bad Debt

Don't ignore your debt, especially student loan debt. It's a very toxic and lasting debt to have being that it can't be easily discharged in bankruptcy. It's really bad:





"Ignoring your debt only makes it worse,” may sound cliche, but when it comes to these loans in particular, there is truth in that adage. Student loans don’t just go away, and the consequences of making no attempt to pay or resolve them can be severe. But what does happen if you ignore your student loans?
- Adam Levin, credit.com 


Find out from this abc business article:

What Happens If I Ignore My Student Loans? - ABC News









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