financeLoans
#RI-6a6b0d50·7 months ago·
1
“Not paying loan due to low income”
What Actually Happened
I may face financial penalties and damage to credit score
What I wish I knew
"Interest accrues even with $0 payments"
Advice to Someone Facing This Now
If I could tell you one thing
"Review loan terms carefully before assuming forgiveness"
Regret Index
6/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
finance Category
370
finance decisions logged. Avg regret 4.5/10 across the category.
Same Outcome Band
6%
of finance decisions land in the regret band the same as this one.
React, question, or discuss this decision.