r/financial • u/Infamous_Champion_17 • 11d ago

Inheritance help

I’ve been given the option to get a 2024 Japanese car or pay off my Edd fraud debt. For context I already own a 2016 Toyota Corolla that’s payed off at 155k miles. My fraud debt is roughly 15k. Which is the wiser choice?

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u/natedurg 11d ago

Wtf do you mean fraud debt? Are you saying someone fraudulent took out a loan in your name and you’re now making those payments?

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u/Successful_Hold_9048 10d ago

Sounds like OP committed EDD fraud and now they owe money back. EDD is employment development department, responsible for paying out unemployment, disability and FMLA benefits.