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TheGunStays t1_iyaxplw wrote

Reply to comment by patmorgan235 in Help! Drowning in debt. by nah_just_ocd

Sure, on this one, specific debt.

But the bank/CC lender will also have the leverage to completely ruin your financial future for the next 7-10 years. The bank will likely be fine over that timeframe - trust me.

If you're like 19, bankruptcy/default may not be a terrible option. But if you're in your late 20's/early 30's, it will likely be one of the most significant events of your life - financial or otherwise.

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