Question : Is it possible to go your whole life without paying back debt?
Just wondering! Does the goverment come after you after so long or what? What if I just went my whole life with interest accruing but never paid on it until I die? Not on a credit card but on a student loan.
whole life

Best answer:

Answer by Maria
I think with student loans they take the money you owe out of your pay checks, but at least they tell you right before they start doing it.
But there is some debt you can get out of paying back. I’ve always heard that with credit cards you can just not pay them and after seven years it’s cleared from your record and you don’t owe anymore. Good question. I’d like to know more myself…