Unknown Story

Unknown Story

Storyboard Text

  • That's a good question I was about to get too. If you just miss a payment there will be a Late Fee.
  • If you actually can't pay a debt though it could be bad depending on the liabilities.
  • What do you mean by that?
  • Liabilities are assets a loaner can take repossess insurance against lenders not being able to pay debt.
  • This could also include mortgaging your real estate if that is in the contract.
  • That doesn't sound good?
  • Don't worry as long as you read the contract and maintain the 20/10 rule you should be good.
  • Also be sure to stay away from loan sharks they'll lend money for crazy high interest rates.
  • WHAT?!? That has to be illegal right?
  • There is, it's called Usury laws which regulated the amount of interest on loans.
  • That's a relief. I'm going to apply for a credit card now.
  • Okay sounds good dude you be able to apply easily because you should have a clean credit history
  • Thank you I'm going to go get that couch I wanted.
Over 20 Million Storyboards Created
Storyboard That Family