this post was submitted on 13 Jul 2025
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Take out a huge loan (cdn.imgchest.com)
submitted 3 days ago* (last edited 3 days ago) by Samdell@lemmy.eco.br to c/greentext@sh.itjust.works
 
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[–] paris@lemmy.blahaj.zone 63 points 3 days ago (12 children)

I've heard of people getting their credit score up, taking out all their lines of credit, then dipping to Europe for 10 years to start a business. By the time they came back, their credit scores were fine again because it had been long enough to not affect it. Obviously planning to do this ahead of time is illegal, but if it just happens by circumstance and you're stuck in Europe and can't pay back the debt for 10 years then like…

[–] Steve@startrek.website 22 points 3 days ago (1 children)

Default judgment wants a word with you

[–] paris@lemmy.blahaj.zone 7 points 3 days ago

My understanding is you can absolutely end up with a lien and other such things, so it wouldn't be a good idea unless you're ready to burn every financial bridge with the US for the foreseeable future. But if you're not coming back, then that's that I guess.

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