Wyrdness said:
You are aware that's why credit rating exists in many countries? The second he does it once his rating will drop into a bad rating and he won't be able to do it again your example is literally a one time thing as the person won't be able to do it again until they rebuild their rating. You don't go to prison for such acts because the cost of the whole case and such is more then what will be owed so companies just write off what they're owed and hit your credit rating instead. |
lol far from it, you're too naive. Quite a few companies don't check credit ratings, hell they even advertise that they aren't checking, because checking alone will decrease your score. Then you forgot the easiest way to bypass this "one time thing" issue. Use a fake name.
Also you're mixing up civil jurisdiction and criminal jurisdiction. Companies could drop the case but that doesn't change that the state attorney can charge you with fraud, which can (and if you keep doing it will) result in a prison sentence.