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HotEntertainment2825 1d ago I really wanna see how this plays out. Reply ↑ Share > 10K No-Sense-6260 1d ago Nothing will come of it. People do this all the time, the credit card companies just take the hit. His credit is ruined in America but if he doesn't come back it doesn't really affect him anywhere else. It technically is not illegal to default on your debts. 8.6K sarayewo • Reply ↑ Share 1d ago And to add a bit more clarity, he's even fine to come visit again - he won't be denied entry or a visa b/c of CC debt. And it's likely that CC companies will write off the debt in 5 years and it will drop off of his credit report in 7 so even if he moves back further down the road it will be water under the bridge. ☹ 4.4K Reply ↑ Share SpillingHotCoffee . 1d ago Edited 14h ago Debt leaves after 7 years? What? --> students loans cannot be taken care of this way... But could I pay my whole student loan on a CC and default on that payment? Theoretically. I'm married and could just mooch off my spouse, so long as his credit isn't impacted. I could just pay him rent from my paycheck? What could go wrong with an uncollareralized loan?? I seriously know very little about finances. I raised my credit score from 600 to 700 with major help from people smarter than me. The only loans in my name are for my student loans and my car. ETA: Moar questions! 1.5K sarayewo • Reply ↑ Share 1d ago Negative remarks on credit reports get dropped after 7 years, with the exception of bankruptcies, liens and a few others. 1.5K Reply ↑ Share

HotEntertainment2825


Uploaded by Owen May 16, 2024 at 01:45PM EDT

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Origin Entry: I Maxed Out One Million on My Credit Cards and Fled the USA

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P.B. Gomez @pbgomez_ If real, this almost certainly actually worked because China and the US have no extradition treaty and it's so petty (at least from the Chinese government's view) that nobody would bother spending any resources anyway to go after this guy. Well played, sir. francis wolf @francisxwolf · 18h based 猎户执剑人 Follow ☑ I maxed out one million on my credit cards and fled the USA... Fellow netizens, I'm graduating from university and about to leave. Before returning to China, I maxed out my credit cards from various banks (personal and business cards totaling $140,000! Equivalent to 1,000,000 CN¥!!!) A big thank you to Chase, Citibank, and American Express for supporting me over the past three years. Although your banking services are excellent, I always remember that I am Chinese and my mission is to revive China! Let me use this first pot of gold in my life to contribute to my motherland! This is also a strong blow to American imperialism!!! A final lesson for American capitalists!!! Say something... 440 192 618 8:54 PM • May 15, 2024 5,954 Views
doomer @uncledoomer im telling you guys, its literally never over. you think its over? its never ever over because you always have the option of maxxing out six figures in cash advances from credit cards and flying to a country to start fresh that doesnt have an extradition treaty with the US 猎户执剑人 Follow ☑ I maxed out one million on my credit cards and fled the USA... Fellow netizens, I'm graduating from university and about to leave. Before returning to China, I maxed out my credit cards from various banks (personal and business cards totaling $140,000! Equivalent to 1,000,000 CN¥!!!) A big thank you to Chase, Citibank, and American Express for supporting me over the past three years. Although your banking services are excellent, I always remember that I am Chinese and my mission is to revive China! Let me use this first pot of gold in my life to contribute to my motherland! This is also a strong blow to American imperialism!!! A final lesson for American capitalists!!! Say something... 440 192 618 7:40 PM • May 15, 2024 2.3M Views
Anonymous 糖户执剑人。 05/15/24(Wed)22:45:13 No.197346027 Follow Imaxed out one million on my credit cards and fled the USA... Felow netizens, I'm graduating from university and about to leave. Before returning to China, I maxed out my credit cards from various banks (personal and business cards totaling $140,000 Equivalent to 1,000,000 CNVs A big thank you to Chase, Citibank, and American Express for supporting me over the past three years. Although your banking services are excellent, I always remember that I am Chinese and my mission is to revive China! Let me use this first pot of gold in my life to contribute to my motherland! This is also a strong blow to American imperialism!!! A final lesson for American capitalists!!! Say thing F------ based. 67 KB JPG
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HotEntertainment2825 1d ago I really wanna see how this plays out. Reply ↑ Share > 10K No-Sense-6260 1d ago Nothing will come of it. People do this all the time, the credit card companies just take the hit. His credit is ruined in America but if he doesn't come back it doesn't really affect him anywhere else. It technically is not illegal to default on your debts. 8.6K sarayewo • Reply ↑ Share 1d ago And to add a bit more clarity, he's even fine to come visit again - he won't be denied entry or a visa b/c of CC debt. And it's likely that CC companies will write off the debt in 5 years and it will drop off of his credit report in 7 so even if he moves back further down the road it will be water under the bridge. ☹ 4.4K Reply ↑ Share SpillingHotCoffee . 1d ago Edited 14h ago Debt leaves after 7 years? What? --> students loans cannot be taken care of this way... But could I pay my whole student loan on a CC and default on that payment? Theoretically. I'm married and could just mooch off my spouse, so long as his credit isn't impacted. I could just pay him rent from my paycheck? What could go wrong with an uncollareralized loan?? I seriously know very little about finances. I raised my credit score from 600 to 700 with major help from people smarter than me. The only loans in my name are for my student loans and my car. ETA: Moar questions! 1.5K sarayewo • Reply ↑ Share 1d ago Negative remarks on credit reports get dropped after 7 years, with the exception of bankruptcies, liens and a few others. 1.5K Reply ↑ Share

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Uploaded May 16, 2024 at 01:45PM EDT

Origin Entry

I Maxed Out One Million on My Credit Cards and Fled the USA

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Reddit

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i maxed out one million on my credit cards and fled the usa, china, chinese, international student, chinese student, 猎户执剑人, little red book

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