Hey Jon, guess what I heard. Cole is now a debtor and was issued a garnishment.
Probably from all his impulse buying with his new credit card
Lets go talk to him about his liabilities and offer some advice.
Hey Cole we heard our credit history is struggling
Yeah I am so screwed, and I don't know what to do about it. The credit bureau will surely notify my new employer about my terrible credit. The finance company is threatening to come repossess my car.
I think I have been taken advantage of by a loan shark too. He keeps charging me late fees. He is definitely not giving me the prime rate.
Hmm I see. Have you ever heard of the 20/10 rule?