#debt

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georgeslarabie
georgeslarabie

Forgiveness and the Wrecking Ball

Forgiveness rarely feels gentle at first.

When I think about it, I do not picture peace. I picture a wrecking ball.

Actually, I picture something even more specific: a heavy boulder dragging behind a car, swinging wildly, smashing things left and right. That is what unforgiveness can feel like. Someone wounds us, and from that moment on, we are no longer carrying only the memory of what…


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closingqueeen
closingqueeen

🚨 CMBS Loans & Commercial Real Estate Debt Maturing in the Next 12–24 Months? The Maturity Wall Is Here — And It’s Massive 🚨



Billions in CMBS loans, commercial real estate loans, and CRE financing are hitting maturity in 2026–2027 — reports show $100B+ in CMBS alone coming due in 2026, with total CRE maturities estimated at $875B in 2026 and hundreds of billions more rolling into 2027. Many originated at peak values now face balloon payments, tighter LTVs, higher rates, DSCR shortfalls, refinance gaps, equity needs, and outright maturity default risk.



If your portfolio includes:


Maturing CMBS loan


Commercial mortgage nearing maturity


Bridge loan coming due


Balloon loan or mezzanine debt


Multifamily financing, office building loans, retail centers, industrial properties, hospitality assets, mixed-use, or portfolio loans


…the refinance landscape has shifted dramatically since origination. Traditional banks are pulling back, LTV requirements are lower, and waiting until 60–90 days out crushes your options.


Smart owners and operators are moving NOW — 12–24 months ahead — to lock in better terms before the window tightens further. Private capital, institutional sources, and alternative lenders are still active, but demand is surging and lenders are getting pickier fast.



Through a direct brokerage relationship with specialized commercial loan brokers, we connect qualified borrowers to lenders offering:


✅ CMBS loan refinancing and refinance CMBS loan solutions


✅ Commercial real estate refinancing / commercial mortgage refinance


✅ Bridge loan takeouts and commercial bridge loan refinance


✅ Balloon loan refinancing and balloon payment solutions


✅ Commercial debt restructuring / debt recapitalization


✅ DSCR-based lending and DSCR commercial loans


✅ Private credit lenders, structured finance, institutional capital


✅ Realistic LTV ratios, flexible terms, and rates most banks won’t match



These are the plays turning potential stress into portfolio wins — repositioning properties with stronger lower LTV commercial loans, extended terms, and breathing room.



Don’t get caught in the squeeze while others secure favorable commercial refinance solutions, commercial property refinance options, and commercial loan refinance lenders.



The borrowers acting early are the ones who come out ahead. Let’s make sure that’s you.



📞 Call/Text or DM Me: 317-610-9834 



#commercialrealestateloans #commercialmortgage #cmbsloan #cmbsrefinance #commercialrefinance #commercialrealestatefinance #bridgefinancing #balloonloan #commercialmortgagerefinance #commerciallenders #privatelenders #commercialloanbroker #structuredfinance #realestatecapital #realestatefinancing #debtrefinancing #commercialdebt #investmentpropertyfinancing #multifamilyfinancing #officefinancing #retailfinancing #industrialfinancing #hospitalityfinancing #portfoliofinancing #institutionalcapital #DSCRloans #bridgeloanrefinance #balloonloanrefinance #commercialdebtrestructuring #CREmaturitywall

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financeadvisorsuk
financeadvisorsuk

https://quick-funds.co.uk/small-business-funding/

Don’t let time constraints or limited access to funds hold you back. Contact us now to get connected with one of the top small business loan partners in the UK that works for you.

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financeadvisorsuk
financeadvisorsuk
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indianflash123
indianflash123

Explore the OECD Global Debt Report 2026. Discover how record borrowing and AI financing needs are shaping the resilient but vulnerable global economy.

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indianflashnews
indianflashnews

Explore the OECD Global Debt Report 2026. Discover how record borrowing and AI financing needs are shaping the resilient but vulnerable global economy.

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exorbitant-interest
exorbitant-interest

“Hello? I need more colour in my life.”

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phoenixfire-thewizardgoddess
phoenixfire-thewizardgoddess

Hey team, im seeing a rise in the ads for things like afterpay, klarna, etc.

The common slogan is that you can pay in a set number of installments.

They seem to want you to think of the $120 purchase as actually just $30 paid 4 times. Like, thats not how that works, its still the full amount but put into little chunks you can handwave away.

And they straight up say the quiet part outloud in these ads. Like, ‘pay all four installments on time with no interest’ or my fave, 'anyone can apply as long as theyre over 18, and have a car’.


You default. You have an emergency. Your car has an issue or the rent goes up. And you miss one payment?

What do you think happens?

The interest.

And they go after your assets if the debt climbs but you cant pay it back.

You could do 4 x 30 over say, 4 months or fortnights of pay. But if the interest slides in, now its 30 + interest and some of the fine print has interest that can be up to 800% and you agreed by uaing the service.

So theres no leeway, no loophole.

You might be able to overcome the debt but by then the 120 is well over 500 for the original purchase.


Listen, we all want fun and weird ahit at times. But if that 30 was put aside for 4 paus, you still get the thing.

The payday loan companies and staggered payback companies dont operate at a loss becaise a lot of our world is made to give people tbat intense fear of missing out.

But do you Need it? Right now?

You are legit better off with a bank whose interest rates are legislated to a degree (at least in aus) if you need a big loan. Eg the car engine needs a major repair etc.

Stop getting 5k+ loans from these companies. Theyre straight up loan sharks on a digital platform with no regulating body. But, their legalese is immaculate. They will come after you and they will win.

Terms and conditions should be read on tbese apps specifically.


Want a non urgent thing?

Wishlist the thing. Come back to it in a week to see if it still is as shiny and exciting as when you first saw it. If its a book, does the library have a copy? If its something vintahe, have a look in op shops. Is there an fb group you can trawl through for it?

I mean, there are other options to buying new and sometimes theres a thrill in the hunt (eg bookfests or local markets) in finding it that way. In wanting something and cjasing down hints of it irl.


Stop putting Wants on these apps. And stop fucking putting food getting app orders on it, either get it yourself or find something at home.

Listen, i have been so fucking ill before that i owe my life to the dominoes drivers bc all i had was cat food and the delightful warmth of the pizzas tbey brought to sustain me for days on end. Thays a good option if you didnt have a healtby social member to grab a grocery order or something.

But some people are dashing or ubereating 20 a night plus tip. Putting aside that theres an upcharge on all items plus delivery plus tip… like, its easy to ignore 20 in your head but even 2 x a week that adds up. You could easily spend 160 and be wondering where the money went.

And if its on these payment scheme apps, yoid best hope you have the cash to cough up.


Meal prepping can save you. A treat is great but when its got a bigger pricetag than you like, you have to be strategic about it.


These ads are aiming for us, for gen z and even the tech confused gen x and boomers. They want people to have the cheap store experience.

Like, you go in for three things but everythings $2, and suddenly you have a bag full of shit you didnt need and a bill for $156. You dont recall putting that many things in there but the evidence is in your hand.

And to stretch the metaphor, you just charged it to your parents card. They will need repayment. Are you able to do so? What other penalties will occur as a result? Eg in this case increased chores or no phone.

Bit liens on your property can happen. Losing your transport. Going bankrupt. Big consequences happen from decaulting on these loans.


And they are loans.

Cutesy slogans and appeals for girl math aside, this is a loan. And they have conditions, terms, repayment timeframes and consequences.


Be careful. Think aboit it.

Take an inventory of things you might have just purchased without thinking. Consider the future. Does anything need to change?

This is not free money. You cant just pay the minimums and spend like mad. Youd have better luck lining up your genitals with the nearest wasp nest.


And just to slide it in here, regardless of idiots on social media making these claims

A - no, you cant just ignore debt because tbe company may be run in another country and therefore they cant vet you. They can. The court of your country will uphold the contract you created.

B - filing for bankruptcy is not the get out od jail people are claiming it is. Please dont see tbat as a safety net type deal. Its an ejector seat on a belicopter.


Tbere are many free financial support guides and services in most countries. If you think you might be drowning, even a debt consolodation service can provide support.


And stop. Buying. Hauls. From. Those. Scummy. Clothing and all plastic shit websites.

Play the russian roulette of online delivery that is ebay like the rest of the world.


Life is about to get more expensive for many countries. Make smart decisions now so futire you isnt drowning in debt that you didnt even realise youd accrued.

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creditprivacynumber212
creditprivacynumber212

What Happens When You Close a Credit Card Account?

Closing a credit card might seem like a simple, responsible financial move — especially if you’re trying to get out of debt, simplify your wallet, or avoid paying an annual fee. But the decision carries consequences that ripple through your credit profile in ways many people don’t anticipate. Before you make that call to your card issuer, it’s essential to understand exactly what closing a credit card account does to your finances, your credit score, and your long-term financial health.

Your Credit Score Takes an Immediate Hit

One of the most significant and immediate effects of closing a credit card account is the impact on your credit score. Credit scores are calculated using several factors, and closing a card disrupts at least two of them in ways that can drag your score down — sometimes significantly.

 The first factor is your credit utilization ratio, which measures how much of your available revolving credit you are currently using. This ratio accounts for roughly 30% of your FICO score, making it one of the most influential components. When you close a credit card, you eliminate that card’s credit limit from your total available credit. If you carry any balances on other cards, your utilization ratio will spike upward. For example, if you have $2,000 in balances spread across three cards with a combined limit of $10,000, your utilization is 20%. Close one card with a $3,000 limit, and suddenly your available credit drops to $7,000 — pushing your utilization to nearly 29%. That shift alone can knock several points off your score.

[[MORE]]

 The second factor is the length of your credit history, which makes up approximately 15% of your FICO score. This factor looks at the age of your oldest account, your newest account, and the average age of all your accounts. When you close an older card, you may be chopping years off your average credit age — especially if it was one of your longer-standing accounts. Although closed accounts in good standing can remain on your credit report for up to ten years, once that account eventually drops off, the damage to your credit history length becomes permanent.

The Account Doesn’t Disappear Right Away

Many people assume that once they close a credit card, it vanishes from their credit report. That’s not how it works. Closed accounts — particularly those with a positive payment history — typically remain visible on your credit report for up to ten years from the date they were closed. This is actually good news for your credit score in the short term, because your positive payment history stays intact, and the credit limit continues to count toward your credit age during that window.

 However, negative marks on a closed account, such as missed payments or defaults, also stay on your report — typically for seven years. So if you’re closing a card hoping to erase a difficult history, you may be disappointed. The record follows you regardless.

 Once the account does fall off your credit report entirely, that’s when the long-term effects on your credit history length fully materialize. The impact may not be felt for years, but it’s a delayed consequence worth understanding now.

What Happens to Your Remaining Balance?

Closing a credit card does not erase any balance you owe. If you carry a balance on the card at the time of closure, you are still legally obligated to pay it in full. The card issuer will continue to charge interest at the existing rate until the balance is paid off, and you will still receive monthly statements. Missing payments on a closed account with an outstanding balance will damage your credit just as much as missing payments on an active card.

 In most cases, financial advisors recommend paying off the balance completely before closing a credit card account. This eliminates the risk of continued interest accumulation and ensures the closure doesn’t compound any existing debt problems. If you can’t pay it off in full, consider whether closing the card is actually the right move at that moment.

 There is one exception to watch out for: some card issuers may close your account and demand the full remaining balance immediately if you violate the card’s terms of service. This is less common, but it reinforces why reading the fine print of any closure matters.

Rewards Points and Benefits Vanish

If you’ve been accumulating rewards points, cashback, or travel miles on your credit card, closing the account could mean losing all of that value in an instant. Most card issuers will forfeit any unredeemed rewards the moment you close the account. This is a detail that many cardholders overlook until it’s too late.

 Before initiating a closure, log into your account and redeem every last point, mile, or cash-back dollar. Transfer rewards to a linked loyalty program if the card offers that option. Some co-branded cards, such as airline or hotel cards, may allow you to transfer points to the partner program even after closure, but the window for doing so is usually narrow and not guaranteed.

 Beyond rewards, closing a card also eliminates access to any benefits bundled with it — purchase protection, extended warranties, travel insurance, concierge services, or airport lounge access. If you’ve come to rely on any of these perks, make sure you have an alternative source before walking away from the card.

When Closing a Card Makes Sense

Despite the potential drawbacks, there are circumstances where closing a credit card is genuinely the right decision. If the card carries a high annual fee that is no longer justified by its benefits, continuing to pay that fee can cost more than the credit score impact from closing it. Similarly, if you have a history of overspending on the card and closing it would meaningfully improve your financial discipline, the behavioral benefit may outweigh the credit score consequences.

 Cards with high interest rates that you know you’ll be tempted to carry balances on can also be worth closing, particularly if you are actively trying to eliminate debt. Removing the temptation from your wallet is a legitimate strategy for some people, even if it temporarily lowers their credit score.

 Closing a card that’s been compromised through fraud is also sometimes necessary. If a card’s information has been repeatedly stolen or misused, the security benefit of closing it may outweigh any credit score concerns.

Alternatives to Closing the Account

Before you close a credit card, consider whether a middle-ground option might serve your needs better. If the annual fee is the issue, call the card issuer and ask to be downgraded to a no-fee version of the same card. Many issuers offer product changes that allow you to keep the credit line open, preserve your account history, and eliminate the annual cost. This is one of the least-known but most effective strategies in personal finance.

 If you’re worried about overspending, simply locking the card away — or removing it from your digital wallets — can provide the behavioral guardrails you’re looking for without any credit score consequences. Some issuers even allow you to temporarily freeze a card through their mobile app.

 If the card’s interest rate is your main concern, you can request a lower rate directly from the issuer. Many people don’t realize that card issuers will sometimes negotiate rates with long-standing customers who have a solid payment history. A single phone call could save you money without requiring you to close the account.

How to Close a Card the Right Way

If you’ve weighed the options and decided that closing your credit card is still the best move, there’s a right way to do it that minimizes the fallout. Start by paying off your balance in full and redeeming all rewards. Then, call the customer service number on the back of your card rather than closing it online — speaking to a representative gives you the opportunity to request a retention offer, which might include fee waivers, bonus rewards, or rate reductions that could change your mind.

 Once you’ve decided to proceed, request written or electronic confirmation that the account has been closed at your request — not due to delinquency or issuer action. This distinction matters on your credit report, and documenting it protects you if there’s ever a discrepancy.

 Check your credit report 30 to 60 days after closing the account to confirm the account is correctly listed as closed and in good standing. If you spot any errors, dispute them immediately with the relevant credit bureau.

The Long-Term Picture

The effects of closing a credit card on your credit score are real, but they’re not always permanent. If you have a strong credit history, multiple open accounts, and low balances, the impact of closing one card will likely be modest and temporary. Scores are dynamic — they respond to your current financial behavior, and consistent on-time payments and low utilization will gradually overcome any setback caused by the closure.

 However, if you’re planning a major financial move in the near future — applying for a mortgage, a car loan, or a new apartment — it’s generally wise to hold off on closing any credit cards until after the application is approved. Even a small dip in your credit score can affect the interest rate you’re offered, and the timing matters enormously.

 Understanding the full scope of what happens when you close a credit card account gives you the power to make this decision intentionally, not impulsively. It’s not always the wrong move — but it should always be a considered one.

Further Reading

For more information on how credit card closures affect your credit score, visit: Consumer Financial Protection Bureau — How to Close a Credit Card Account.To learn more about credit utilization and how it’s calculated, see: myFICO — Understanding Credit Utilization.

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creditprivacynumber212
creditprivacynumber212

What Happens When You Close a Credit Card Account?

Closing a credit card might seem like a simple, responsible financial move — especially if you’re trying to get out of debt, simplify your wallet, or avoid paying an annual fee. But the decision carries consequences that ripple through your credit profile in ways many people don’t anticipate. Before you make that call to your card issuer, it’s essential to understand exactly what closing a credit card account does to your finances, your credit score, and your long-term financial health.

Your Credit Score Takes an Immediate Hit

One of the most significant and immediate effects of closing a credit card account is the impact on your credit score. Credit scores are calculated using several factors, and closing a card disrupts at least two of them in ways that can drag your score down — sometimes significantly.

 The first factor is your credit utilization ratio, which measures how much of your available revolving credit you are currently using. This ratio accounts for roughly 30% of your FICO score, making it one of the most influential components. When you close a credit card, you eliminate that card’s credit limit from your total available credit. If you carry any balances on other cards, your utilization ratio will spike upward. For example, if you have $2,000 in balances spread across three cards with a combined limit of $10,000, your utilization is 20%. Close one card with a $3,000 limit, and suddenly your available credit drops to $7,000 — pushing your utilization to nearly 29%. That shift alone can knock several points off your score.

[[MORE]]

 The second factor is the length of your credit history, which makes up approximately 15% of your FICO score. This factor looks at the age of your oldest account, your newest account, and the average age of all your accounts. When you close an older card, you may be chopping years off your average credit age — especially if it was one of your longer-standing accounts. Although closed accounts in good standing can remain on your credit report for up to ten years, once that account eventually drops off, the damage to your credit history length becomes permanent.

The Account Doesn’t Disappear Right Away

Many people assume that once they close a credit card, it vanishes from their credit report. That’s not how it works. Closed accounts — particularly those with a positive payment history — typically remain visible on your credit report for up to ten years from the date they were closed. This is actually good news for your credit score in the short term, because your positive payment history stays intact, and the credit limit continues to count toward your credit age during that window.

 However, negative marks on a closed account, such as missed payments or defaults, also stay on your report — typically for seven years. So if you’re closing a card hoping to erase a difficult history, you may be disappointed. The record follows you regardless.

 Once the account does fall off your credit report entirely, that’s when the long-term effects on your credit history length fully materialize. The impact may not be felt for years, but it’s a delayed consequence worth understanding now.

What Happens to Your Remaining Balance?

Closing a credit card does not erase any balance you owe. If you carry a balance on the card at the time of closure, you are still legally obligated to pay it in full. The card issuer will continue to charge interest at the existing rate until the balance is paid off, and you will still receive monthly statements. Missing payments on a closed account with an outstanding balance will damage your credit just as much as missing payments on an active card.

 In most cases, financial advisors recommend paying off the balance completely before closing a credit card account. This eliminates the risk of continued interest accumulation and ensures the closure doesn’t compound any existing debt problems. If you can’t pay it off in full, consider whether closing the card is actually the right move at that moment.

 There is one exception to watch out for: some card issuers may close your account and demand the full remaining balance immediately if you violate the card’s terms of service. This is less common, but it reinforces why reading the fine print of any closure matters.

Rewards Points and Benefits Vanish

If you’ve been accumulating rewards points, cashback, or travel miles on your credit card, closing the account could mean losing all of that value in an instant. Most card issuers will forfeit any unredeemed rewards the moment you close the account. This is a detail that many cardholders overlook until it’s too late.

 Before initiating a closure, log into your account and redeem every last point, mile, or cash-back dollar. Transfer rewards to a linked loyalty program if the card offers that option. Some co-branded cards, such as airline or hotel cards, may allow you to transfer points to the partner program even after closure, but the window for doing so is usually narrow and not guaranteed.

 Beyond rewards, closing a card also eliminates access to any benefits bundled with it — purchase protection, extended warranties, travel insurance, concierge services, or airport lounge access. If you’ve come to rely on any of these perks, make sure you have an alternative source before walking away from the card.

When Closing a Card Makes Sense

Despite the potential drawbacks, there are circumstances where closing a credit card is genuinely the right decision. If the card carries a high annual fee that is no longer justified by its benefits, continuing to pay that fee can cost more than the credit score impact from closing it. Similarly, if you have a history of overspending on the card and closing it would meaningfully improve your financial discipline, the behavioral benefit may outweigh the credit score consequences.

 Cards with high interest rates that you know you’ll be tempted to carry balances on can also be worth closing, particularly if you are actively trying to eliminate debt. Removing the temptation from your wallet is a legitimate strategy for some people, even if it temporarily lowers their credit score.

 Closing a card that’s been compromised through fraud is also sometimes necessary. If a card’s information has been repeatedly stolen or misused, the security benefit of closing it may outweigh any credit score concerns.

Alternatives to Closing the Account

Before you close a credit card, consider whether a middle-ground option might serve your needs better. If the annual fee is the issue, call the card issuer and ask to be downgraded to a no-fee version of the same card. Many issuers offer product changes that allow you to keep the credit line open, preserve your account history, and eliminate the annual cost. This is one of the least-known but most effective strategies in personal finance.

 If you’re worried about overspending, simply locking the card away — or removing it from your digital wallets — can provide the behavioral guardrails you’re looking for without any credit score consequences. Some issuers even allow you to temporarily freeze a card through their mobile app.

 If the card’s interest rate is your main concern, you can request a lower rate directly from the issuer. Many people don’t realize that card issuers will sometimes negotiate rates with long-standing customers who have a solid payment history. A single phone call could save you money without requiring you to close the account.

How to Close a Card the Right Way

If you’ve weighed the options and decided that closing your credit card is still the best move, there’s a right way to do it that minimizes the fallout. Start by paying off your balance in full and redeeming all rewards. Then, call the customer service number on the back of your card rather than closing it online — speaking to a representative gives you the opportunity to request a retention offer, which might include fee waivers, bonus rewards, or rate reductions that could change your mind.

 Once you’ve decided to proceed, request written or electronic confirmation that the account has been closed at your request — not due to delinquency or issuer action. This distinction matters on your credit report, and documenting it protects you if there’s ever a discrepancy.

 Check your credit report 30 to 60 days after closing the account to confirm the account is correctly listed as closed and in good standing. If you spot any errors, dispute them immediately with the relevant credit bureau.

The Long-Term Picture

The effects of closing a credit card on your credit score are real, but they’re not always permanent. If you have a strong credit history, multiple open accounts, and low balances, the impact of closing one card will likely be modest and temporary. Scores are dynamic — they respond to your current financial behavior, and consistent on-time payments and low utilization will gradually overcome any setback caused by the closure.

 However, if you’re planning a major financial move in the near future — applying for a mortgage, a car loan, or a new apartment — it’s generally wise to hold off on closing any credit cards until after the application is approved. Even a small dip in your credit score can affect the interest rate you’re offered, and the timing matters enormously.

 Understanding the full scope of what happens when you close a credit card account gives you the power to make this decision intentionally, not impulsively. It’s not always the wrong move — but it should always be a considered one.

Further Reading

For more information on how credit card closures affect your credit score, visit: Consumer Financial Protection Bureau — How to Close a Credit Card Account.To learn more about credit utilization and how it’s calculated, see: myFICO — Understanding Credit Utilization.

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moviesdock
moviesdock

My Debt (2022) | Movie | Movies Dock

🎬 Title: My Debt / Mój dług
Story: Slawomir Sikora, a determined young entrepreneur, finds himself on the wrong side of a merciless thug and resorts to violence to protect his family. After being sentenced to 25 years in prison, he faces the brutal reality of confinement among seasoned criminals. With hope for justice dwindling and isolation from loved ones, Slawomir must uncover the resilience…

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xerserise
xerserise

On Credit Scores:

Credit scores in the US are ratings (by private companies) of how good of an investment you are for creditors (determining who is least likely to go bankrupt while still keeping a large running balance that they’ll pay high interest rates on).

For consumers (the average public), their score is something that follows them around, that can be drastically affected by things like having several credit checks run in a row (like when you’re applying for apartments and each property management company runs its own credit check on you, lowering your credit score right when you need it to be high) or paying off and closing down a credit card (because closing a credit card reduces the amount of potential debt you can be charged interest for).

For companies, people’s credit scores are used to determine if it’s ‘safe’ to advance credit (for a car loan, a house loan) or to enter into a lease for property of some sort (an apartment, a car, etc.), or even to determine how much interest to charge you… if your score is too low, you get charged more in interest, because you’re a 'riskier’ investment (you have low income and a lot of debt, or haven’t 'built up’ credit by going into debt and paying it off often enough, so you have to pay more than people who could afford to pay more).

—Me

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anatovrocktail
anatovrocktail

After nearly 15 years in the frontline of support for vulnerable people in this city I have never felt as hopeless as today.

Current job is signposting, not advocacy so I couldn’t step in in the way I wanted to.

I spoke to someone today who was facing eviction, had mental health struggles, needed to claim PIP, was a DV survivor and had built a tolerance to OTC codiene.

I know the referral routes for all the support, I’ve sat in GP appointments and quoted NICE guidelines for all of this.

And I’m not allowed to. I have to push them at other agencies with a 6 month waiting list who don’t talk to each other

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mappingthemoon
mappingthemoon

ok, so we probably have to get some big and expensive work done on our failing septic system and i am sooo pissed but i srsly need to focus on the positive. SIGH. 1) borrowing a large amount of money makes me want to throw myself into the sun, NEVERTHELESS it is technically a privilege that i am able to borrow the money at all; 2) i have really good credit due to years of punishing myself in order to pay down debt and make the long slow crawl out of poverty; 3) poverty mindset has rly done a number on my brain and emotions but factually i am not “poor” at the moment and there is a decent chance i won’t be losing my job any time soon, so, threat level relatively minimal; 4) previous decades of living in poverty have prepared me to deal with extreme frugality and/or uncomfortable situations (e.g. taking shits at local businesses when our toilet was broken; shout out to Milledge Avenue Taco Stand 2007-2010); 5) i have decided to send the bank $300/mo instead of $500/mo towards current debt paydown, even tho this means i won’t be paid in full within the 0% interest promotional period. having to pay some interest isn’t going to kill me. carrying debt for a still longer period of time isn’t going to kill me. i need to be a good steward of my land :(

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witch-hattery
witch-hattery

Thing I’m worried about but don’t have any way of knowing:

Do young adults know they’re not supposed to go into college without a clear plan for what degree they want and what purpose it serves?

I’ve seen people say you don’t have to have it figured out and you can shift through your “college career” but that is terrible advice that sounds like it comes from college salesmen (AKA admissions advisers) to convince people to just jump in and take more classes as they flounder and rack up more student loan debt.

College is expensive and you can’t bankrupt out of the debt! Know what your goals are before you sign up!

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exorbitant-interest
exorbitant-interest

Who comes up with this crap?!

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exorbitant-interest
exorbitant-interest

Many people in credit card debt aren’t aware they are getting into debt in the first place.

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carmenpie-blog
carmenpie-blog

Don’t lemme hear people bitch about being a ‘broke student’ ever again beca this is what you fools wasted your EDUCATION money on.

An old ‘friend’ that was doing a phd used to piss her loans away on clothes/climbing gear/trips and I lost all respect for her when I found this out.

Ungrateful, privileged likkle fuck.

PAY IT BACK.

Why exactly are people campaigning/governments consider forgetting student debt, for degrees they don’t even end up fucking using🙄 (spoiler, that’s why they want to be freed from the debt, let’s be honest….it’s buyers remorse 😉)

But not:

‘HAD TO FEED MY KIDS’ debts.

Gtfoh 😤🤬



Where is Anonymous when you need it?! Can we start deleting some debt for poor people and communities now please 🎭

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exorbitant-interest
exorbitant-interest

“Get that pig outta there!”
-Rex

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furiouswindfulcrum
furiouswindfulcrum

Ameren Prices $400M 5.00% Senior Notes Due 2036, Positions Debt for Grid Investment

Ameren has priced a new public offering of senior notes as it reshapes near-term maturities and channels proceeds toward corporate liquidity and grid investment. The company announced a $400 million issuance of 5. 00% senior notes due 2036, priced at 99. 802% of principal, with the transaction expected to close subject to customary conditions. The move will be used for general corporate purposes…