this post was submitted on 20 Oct 2023
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Hear about how much debt everyone in the US has all the time, curious about some of your stories!

My bad debt is 10k left on a school loan from a for profit school that is now out of business.

Only other debt is house.

So how are you all doing with debt management?

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[โ€“] freeindv@monyet.cc 2 points 1 year ago (1 children)

Lol looking at some of the debt ledgers in here, I bet you "can"

[โ€“] foggy@lemmy.world 3 points 1 year ago

Oh, I "can". I just know that $4000/mo is not what we can "afford". We'd sooner squeeze into her apartment for $1000/mo and not be responsible for anything.

I mentioned in this thread somewhere that I believe we're in for another 2008 collapse. If I cannot afford a mortgage who the fuck is signing those papers? Same uneducated buyers and predatory lenders as in 2003-2008. I predict a collapse starting this time next year based on I'm high and I just woke up.