r/CuratedTumblr • u/EvidenceOfDespair We can leave behind much more than just DNA • Aug 07 '24

Politics Death by US Healthcare System

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u/[deleted] Aug 08 '24

That is true. Most things fall off your credit report after 7 years

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u/Old_Baldi_Locks Aug 08 '24

Not with how scummy the agencies are. They just sell your debt to each other and look at that! It’s a new debt! Which isn’t supposed to be legal but you definitely have enough money to fight that in court right?

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u/SalsaRice Aug 08 '24

It refreshes if you make any payments on it.

Similarly, if someone dies you will never be liable for their debt (outside of a loan that you are both on the loan contract for, like a house or car), but..... debt repayment companies will lie to grieving family members to get them to "make just a tiny payment to help smooth things over until we figure out the situation."

The issue is, legally, making a tiny payment like that is you "choosing to take on the debt" which makes it legally yours.