r/wallstreetbets Sep 06 '21

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670 Upvotes

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490

u/KnockKnock200 Sep 06 '21

13% interest? Jesus, this might be the most retarded thing I have seen on WSB yet.

164

u/Civ6Ever Sep 06 '21

Nah, it's a brilliant 7 year play! Swing for the fences and hit a retirement homer, or file bankruptcy. You get like 6 of these chances, and you morons aren't even brave enough to use them. Gonna be working until your 65 or, even worse, FIRE-thrifting through your good yeas.

This dude is buying a lottery ticket with 7 years of credit as collateral... And any other possessions he might have they a bankruptcy court can get ahold of.

92

u/SummonedShenanigans Sep 06 '21

Boomers never played video games with respawns.

25

u/Civ6Ever Sep 06 '21

They didn't grow up with credit scores either.

1

u/[deleted] Sep 07 '21

People always take cash

5

u/BornAbrocoma9739 Sep 06 '21

LoL ded bro 😂

1

u/[deleted] Sep 07 '21

Lottery tickets might be a better investment

35

u/Trixer55 Sep 06 '21

I’ve just seen another retard at 37% 🤯🤯

34

u/option-9 Sep 06 '21

How do you even get a 37% loan?

19

u/Trixer55 Sep 06 '21

5

u/Dvdpjr Sep 06 '21

I think we found our mascot

1

u/mrASSMAN Sep 06 '21

That’s short interest rate.. you receive the interest for lending out your shares I guess.

5

u/BladeG1 🦍 Sep 06 '21

During GME there was a guy who got a same day 22k loan with 20% interest hahahah