Loan with no payback?

[bgcb]REPO_MAN · 13 Mar 2013 at 10:33

what would stop me doing this?:-

1) get loan for nice fancy car in UK

2) Move to Bulgaria/Hungary/somewhere and tell the loan company I'd moved - All legit so far..

3) Stop paying the loan and the bad debt would have to be chased through the new country of residence

4) move back to UK with fancy car, and bad debt left in Bulgaria/other country

5) Profit

Is this a FLAWless plan? It looks like it to me

Comments welcome etc (even negative ones) but its just a theory, im not doing this.

RJC · 13 Mar 2013 at 10:33

Lol, one thread gets locked another opened.

Deep · 13 Mar 2013 at 10:34

Nothing, you should definitely do this

[bgcb]REPO_MAN · 13 Mar 2013 at 10:35

hit submit twice...

sorry... pls delete then if not appropriate...

-Ad- · 13 Mar 2013 at 10:36

Retard.

No personal insult, just playing the 'post the first word that comes into your head' game at work and this came up.

[bgcb]REPO_MAN · 13 Mar 2013 at 10:38

-Ad- said:
Retard.

No personal insult, just playing the 'post the first word that comes into your head' game at work and this came up.

pussy.

I love this game.

Deleted member 77746 · 13 Mar 2013 at 10:38

I bet plenty of people have done something like this.

j.col · 13 Mar 2013 at 10:39

In before the lock

Me thinks the OP will not be around for long if he keeps posting rubbish like this.

I think its possible, but highly irregular and is it really worth it?

boxman2000 · 13 Mar 2013 at 10:41

mrbell1984 said:
I bet plenty of people have done something like this.

Yup, happens quite a lot but don't be fooled into thinking loan companies don't make a point of getting hold of you at some point!

Jono8 · 13 Mar 2013 at 10:41

[bgcb]REPO_MAN;23928667 said:
I love this game.

POTATO!

Do i win?

Deleted User 234324 · 13 Mar 2013 at 10:42

Would have to stay in the foreign country for 6 years before a debt becomes statute barred.

Other wise they can and will chase you. Ohh and what your considering is fraud and can result in prison if caught.

Haze · 13 Mar 2013 at 10:43

troll

Theophany · 13 Mar 2013 at 10:44

Definitely do this. But think bigger, get a private jet with a Wonga loan and then they'll never catch you and you can fly wherever you want.

FLAWLESS VICTORY!

Devrij · 13 Mar 2013 at 10:45

IBTL!

Retarded idea. You would move countries to avoid paying for a car? And you decided to ask a computer forum if this was a good idea. Where's my slow clap gif when I need it?

arknor · 13 Mar 2013 at 10:46

This is how I made my millions

InertProtocol · 13 Mar 2013 at 10:48

You've only just thought of this? - Everyone is doing it! - Climb aboard the bandwagon!

stuie · 13 Mar 2013 at 10:49

Ignoring the moral and legal issues here. Youd be willing to move home to another country will all the costs associated with such rack up a load of debt then move back here with all the removal costs associated again just to get out of paying 20k for a car? Im not sure if your on crack or not.

Deleted member 77746 · 13 Mar 2013 at 10:53

Op must want to get banned.

Beerbaron · 13 Mar 2013 at 10:55

When you return you will use your new address for everything you register for; bank, doctors etc. When you get a job they will want you to prove your address. There will be a new trail for the debt collects to follow. Unless you live like a hermit and hide away for the rest of your life

[bgcb]REPO_MAN · 13 Mar 2013 at 10:56

i have girls and people in other countries that I could live with easily, and it would get me out of teh UK for a while and have some fun.

Im sorry for duplicate thread, this was an accident, but to answer the points above, moving countries is very easy for me and would be something I plan to do anyway.

(close thread though still if discussion is inappropriate in anyway)