Timeline for How can people have such high credit card debts?
Current License: CC BY-SA 3.0
3 events
when toggle format | what | by | license | comment | |
---|---|---|---|---|---|
Mar 5, 2015 at 22:57 | comment | added | ssaltman | It wasn't a $70K credit card. It was probably 10 cards (can't really remember) and it was during the cheap credit bubble of a decade ago. I had over $150K in available credit on cards, maybe more. As long as made my payments... My business succeeded and it all got paid off. Alan Greenspan - I may be his only fan. | |
Mar 5, 2015 at 22:53 | comment | added | gerrit | Isn't the risk to issue a $70k credit card to someone with limited income... incredibly high? | |
Mar 5, 2015 at 22:52 | history | answered | ssaltman | CC BY-SA 3.0 |