You took out the loan. You need to make the payment.
It is no different than if you had all your money in your sock drawer and somebody broke in and stole it.
The entity holding the loan doesn't care. They just want your payment.
This is why I stated that debt will be a killer.
I'm sorry. I don't mean to come across as flippant about this.
I think that the way our economy has been running as a debt economy we are poised for a massive awaking.
You took out the loan. You need to make the payment.
It is no different if you had all you money in your sock drawer and somebody broke in and stole it.
The entity holding the loan doesn't care. They just want your payment.
This is why I stated that debt will be a killer.
I'm sorry. I don't mean to come across as flippant about this.
I think that the way our economy has been running as a debt economy we are poised for a massive awaking.