The real question is how many people would have to do this at once to bankrupt the lenders?
this post was submitted on 13 Jul 2025
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i would if I could get a loan.
anyone knows a loanshark? the kind that will kill me if I don't pay back
Wouldn't work, after this you'd love life
As someone who has travelled and done a lot of random things in my 40 years of life:
Did you take out a huge loan to pay for it?
Classic life bamboozle
> open an llc
> take out a business loan under llc
> travel the world on a business trip
> declare llc bankrupt
> personal finances unaffected
> repeat
And I still have to be alive afterwards? Pass.
take out a business loan under llc
You need to have a feasable business to do that part.
Not if you say you do ✨AI✨
TAKE MY MONEY NOW!
Reminds me of this old story
https://brobible.com/life/article/traveled-to-mexico-to-kill-himself/
A gaggle of chicas
Don't do it OP, traveling and broadening your mind might make you enjoy life and then you'd not be so nonchalant about deleting yourself. You might end up on prison, where you'll suffer doubly due to your newfound love of life and freedom! Better semi-suffer in an empty existence for the rest of your life like most others.
Or like, just stay on a foreign beach with your embezzled money and a drink in your hand and never come back. Actually seems like the best option overall...
Happened to a buddy of mine, took out a bunch of loans during covid, and stopped paying rent. he didn’t travel but he lived large, pretty much spent it all on prostitutes and what not, then when the money ran out he couldn’t pull the trigger.
With a little help he got instituted for a few days and then got some government funded counselling (not in the states obviously)
He couch surfed for a bit, luckily we have a tight friend group
He landed back on his feet, still on the hook for all of it and the government started garnishing his wages, But he found a good stable girl who takes care of him and he’s happier than I’ve ever seen him, he works, he takes care of himself. I’m proud of him. He’s come a long way.
Dang, why not.
Sometimes thats the attitude it takes
At that point why not just declare bankruptcy? If he was couch surfing then he had no assets to lose. Sure bankruptcy fucks your credit for a while but it's better than having nothing and still having your wage garnished. That's literally the situation that bankruptcy exists for. If you somehow get yourself in a truely irrecoverable amount of debt then it's your get out of jail relatively free card.
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If we all did this capitalism would collapse.
"if we all stopped working and just did drugs and hookers the economy would collapse" is not that deep of a thought.
Yeah, but it being a desirable outcome is a bit novel.
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> Open 2 bank accounts
> Get 2 credit cards
> Use 1 cc to pay the bill of the other cc
> repeat until credit score is big and cc limit is thru the roof
> go on spending spree
> 2 months of everything free
> flee to country that won't deport you as criminal
As someone who games banks as best I can this would absolutely not work.
Not anymore at least
Share your wisdom on how you would best take out a loan before suicide
As best you legally can…
Ah, yes, let's go with that.
Credit cards caught on to this around 2010 or so. That’s why balance transfers always have a fee now. You could do this with either balance transfers or cash advances, both of which have fees now. So you’ll end up increasing the balance by 3% each month.
My grandparents did this for decades with 20+ cards. Yes it's illegal to do this.
My brother in Christ, have you heard of filing bankruptcy?
I... Declare... BANKRUPTCY!!!
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…
Then like…what? You have massive debt and can never return? Or we’re pretending Europe is a different planet and you can just “start new”?
“You’ve heard of people”. No, you haven’t.
Surprisingly enough it's incredibly technically feasible.
The biggest challenge is actually maintaining good standing with the federal government because over the last 20 years or so they've been racking on more and more income taxes on foreign income, and if you live abroad as a US citizen you're still legally required to pay income tax. Then once expats started renouncing their citizenship because of the rapidly increasing cost of maintaining a citizenship they no longer needed the federal government started throwing more and more barriers up to make it harde and more time consuming to renounce your citizenship
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nO yOu HaVeNt sorry for not including a link that took me three seconds to google, asshole
https://www.reddit.com/r/expat/comments/1bwy9qt
Europe doesn't use the same credit history system as the US; so yes, it quite literally is a different planet in that sense and you quite literally can start new. This is not financial advice.
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Just put your ultra capitalist hat when the time comes to repay them. Tell them its a free market and they took a risk like all for profit ventures, but its not looking good for them and better luck next time. Also nice tits bro, very milk.
Thats how i feel about the idiot debt collectors making themselves liable for my small medical debts :) like, i didnt ask you to pay for that bro but thanks i guess lol
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I like how this image smugly pretends like it's above it all when lust and time wasting questions are like 2/5 pillars of the human condition.
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Picture related ... Or not?
Tjat aside anaon, just decakre bankruptcy.
But i think anon's plan will fall at the first hurdle, getting a large loan requires collateral.
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It might work that way in the first life but then when you're reborn you're gonna have really poor credit score and that sucks too in its own way.
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