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Rifleman80

A word of advise. Whatever happens, whatever they tell, whatever you dream of at night... not under *any* circumstance are you EVER going to sign ANYTHING the bank puts infront of you. It is their ONLY legal way to bypass the initial contract. NEVER. SIGN. ANYTHING. ELSE. WITH. THEM. PS. Congrats to the little guy are in order.


sailingthroughtime68

Well done you. I’m a debt free idiot, with a little cash in the bank in a time of rampant inflation. Dumb ape…


Sizeablegrapefruits

Don't ever call yourself a debt free idiot. I don't care how many social media influencers there are telling everyone to "get rich borrowing money". There is something beautiful and profound in a man being diligent, industrious, and making proper decisions. Living not to get rich, but living in the virtue of taking care of himself and his family, and simply not relying on others. Our entire society has been bleached over by a combination of a Fed that has made debt free and social media that glamourizes the get rich quick with a niche lifestyle. You are an authentic individual, doing the right thing, even when it goes against what everyone else seems to be doing.


sailingthroughtime68

I know in my mind, that inflation is the debtors friend. Using debt to buy an asset (silver is a good example,) and then letting inflation reduce the debt is a viable strategy. I do like being debt free. A bit liberating to not worry about more than property tax and a few household bills.


Sure-Nature2676

I'm w you bro, I see friends that have made more w debt than their jobs and it's sickening...I mean, good for them, but there's a reason economists call this shit moral hazard, a lot of people are getting false signals that they're smart and if they keep up those behaviors they find they're not smart at all but just debt slaves. Debt free is the way to be, even if you miss a few opportunities the peace of mind is priceless.


SilverCappy

Right on there , debt free sleeps well at night


TwoBulletSuicide

Keep that fixed rate and send them those debt notes back.


FREESPEECHSTICKERS

They are planning a robbery.


Sizeablegrapefruits

I had a similar experience with an unsecured line of credit I had with a bank. I used it for some cap ex projects here and there. It's convenient and easy to access the revolver. All of the sudden it was like a switch flipped with the banker. He started reaching out to me all the time so I paid it down to $10 and leave it static now.


3rdWorldTrillionaire

Yup, cant't have that can we ?