If you hold onto a debt, it shows on your credit report.
Having debt without being in default improves your credit score.
it is functionally identical to donating to effective charity
So my incentives to pay off the debt are exactly the same as my incentives to donate to some charity that I didn’t pick?
Having debt without being in default improves your credit score.
So my incentives to pay off the debt are exactly the same as my incentives to donate to some charity that I didn’t pick?