Quote:
Originally posted by detoxed
Wait... how the fuck is it considered debt? I've never heard of that. Is it only for high amounts? What amount does that start at? A $150k CC with $0 balance is using 0% of available credit. (for you non-math majors)
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It's considered debt because you have an open line that you could go out and run up, possibly jeopardizing their ability to collect payment from you when needed.
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