I have no assets. I live with my mom, I don't own a car or anything of any value.
If I take out thousands in credit card loans and simply refuse to pay it back, what is the worst that will happen to me? If I just ignore and flat out refuse payment forever? I live in the UK, a country where paedophiles, rapists and heroin dealers escape custodial sentences on a regular basis and where sentences for even quite serious crimes are usually short anyway.
I literally don't care whether I live or die so the idea of debt no longer concerns me. I'm thinking about having a huge spending spree and just shrugging my shoulders at the end of it. The bailffs can take nothing from me, I have nothing. The house I live in and all its contents are not mine. I have no other seizable assets and my current account is in the red
Well, if you ever plan on buying a house with a mortgage prepare to get the most disgusting rate imaginable
What makes you think any lending agency is going to give you thousands of pounds of credit?
Your bank accounts & what not get frozen, so you'd want to stuff your money under your pillow first.
>>1070550
My credit score is currently very respectable. I've already got numerous credit cards I've never used and could easily get more
>>1070618
>I've already got numerous credit cards I've never used
You increase your credit rating by using your card and paying it off. Never using them is a redflag.
I believe UK bankruptcy will result in things you own actually being taken.
basically you're gonna get shit on
Bro if you want a few grand just work a job for a few months or suck a few dicks.