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To: 2ndDivisionVet

Great advice to 20 somethings whose only credit history is probably their student loan. Quit making the payments and let your credit score go down to about 520. Then when you get one of those good jobs with your college degree and try to buy a new car or a home etc. you will be SOL in the USSA.


36 posted on 11/22/2011 4:07:27 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Georgia Girl 2
Great advice to 20 somethings whose only credit history is probably their student loan. Quit making the payments and let your credit score go down to about 520. Then when you get one of those good jobs with your college degree and try to buy a new car or a home etc. you will be SOL in the USSA.

Even better, many employers now check your credit score before hiring. I'd be willing to bet that non-payment of student loans will be a big flashing don't hire signal.

44 posted on 11/22/2011 9:25:16 PM PST by zeugma (Those of us who work for a living are outnumbered by those who vote for a living.)
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