Did you ever think that maybe you're just too stupid to understand it? Because your posts make it seem like you have some type of learning disability. Is there something inherently wrong with trying to "game the loan system" as you so retardedly put it?
Am I the only one who remembers Sam's whole debtmaxxing shtick from when it was a greentext on 4chan? No one with a brain is doing that and the very idea of it exudes financial naïveté. To the people who think debtmaxxing is a smart idea:
1. How much credit do you think a random 20-something knucklehead with no real income or good credit history is going to get?
2. What do you actually propose that the random 20-somethings do with their $3,000 line of credit that's worth the 20% APR/tanking your credit for a decade?
You can't do shit with credit if you don't already have a lot of money. Some dork Sam Hyde fan is just going to dig himself in a hole trying to play with credit. And I'm someone who actually HAS successfully played with credit before- back when my leveraged futures options selling account was smaller, I got a 15 month 0% APR credit card from Fidelity with a $15,000 limit, $250 reward for spending however much, and 2% cash back. put all my expenses on it (including rent, which had a 2.5% credit card penalty so I barely lost money after the 2% cash back), and shoveled all of my money into my options account as collateral for selling more options and made something like $4,000-$5,000 extra from being able to sell more options during the 15 months.
That's actual Real Nigga Debtmaxxing, and you can still only make a fairly trivial amount of money off of it even played perfectly and having the ability to get actual credit. It's really more of a hobby thing than an actual way of making money. And my account is big enough now that I literally couldn't even do it again, because having an extra like $8,000 doesn't even matter past a certain point. But some dumbass 20 year old neet Sam Hyde fan taking out a $1,000 credit card from fucking Capital One or whatever to buy shitcoins is at best wasting time and at worst kinda ruining his life.
