InsanePeopleFacebook

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Screenshots of people being insane on Facebook. Please censor names/pics of end users in screenshots. Please follow the rules of lemmy.world

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Sovcit catches a clue, other sovcit doesn't understand how debt works. (lemmy.world)

submitted 7 months ago by BonesOfTheMoon to c/insanepeoplefacebook

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[–] Rhynoplaz 21 points 7 months ago (1 children)

Seven years. If you don't make a payment on an account for seven years, it falls off your credit report.

Understand that your credit will be shit for those seven years, but if you're in such a bad spot that you can't see any way of getting caught up, your credit score is probably doomed either way.

[–] [email protected] 7 points 7 months ago

And in the meantime, you have to make good on all your other debt, or the clock resets.