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Loans and debt

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nannon | 19:32 Tue 21st Oct 2008 | Business & Finance
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Is it true that if you leave the country all debts are cleared after a certain amount of years?
And if this is true - will you still have a bad credit rating when they are cleared?
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No it's not true - bad debt just doesn't disappear.
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Oh its not bad debt it is student loan and the remains of student overdraft.Thank you!
You referred to debt and credit rating. I dont think Ethel was judging you, merely replying to your question.

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Loans and debt

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