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Line of credit and the whole economic concept of credit existed long before credit card. Credit card is just lubricant to the economy (or debt making some migh

Line of credit and the whole economic concept of credit existed long before credit card. Credit card is just lubricant to the economy (or debt making some might say).

chrisseaton 10y ago
> Line of credit and the whole economic concept of credit existed long before credit card. I didn't ask how can a line of credit exist without a credit card, I asked how can a credit card exist without a line of credit. > Credit card is just lubricant to the economy (or debt making some might say). I still don't think that answers the question.
- johnchristopher 10y ago
  > I didn't ask how can a line of credit exist without a credit card, I asked how can a credit card exist without a line of credit. What makes you think it can't ? Of course a credit card relies on the concept of line of credit. I am stating the obvious that two things (line of credit and credit card) are different and you are the one asking how one (credit card) can exist without the other one (line of credit) like it implied both are the same or mutually dependent. It's not. There are a lot of countries where you can have a line of credit without a credit card. Hence: line of credit != credit card. > > Credit card is just lubricant to the economy (or debt making some might say). > I still don't think that answers the question. That's because you pick the wrong sentence in my reply and make it an answer to your question in order to fit your argument. Or maybe you really are arguing that a credit card is actually the same thing as a line of credit ?
  - chrisseaton 10y ago
    No I don't think a line of credit is the same thing as a credit card, and I don't think you need a credit card to have a line of credit. I'm arguing you can't have a credit card without a line of credit. You're saying that you can have a line of credit without a card. That's the other way around to how I say it, see? I'm not disagreeing with that one.
    - vertex-four 10y ago
      If you read what the person was originally responding to, it was an assertion that credit cards are the only form of credit.
maxerickson 10y ago
The text you quoted says or credit/loans in general.

Line of credit and the whole economic concept of credit existed long before credit card. Credit card is just lubricant to the economy (or debt making some might say).

chrisseaton 10y ago

> Line of credit and the whole economic concept of credit existed long before credit card. I didn't ask how can a line of credit exist without a credit card, I asked how can a credit card exist without a line of credit. > Credit card is just lubricant to the economy (or debt making some might say). I still don't think that answers the question.

johnchristopher 10y ago
> I didn't ask how can a line of credit exist without a credit card, I asked how can a credit card exist without a line of credit. What makes you think it can't ? Of course a credit card relies on the concept of line of credit. I am stating the obvious that two things (line of credit and credit card) are different and you are the one asking how one (credit card) can exist without the other one (line of credit) like it implied both are the same or mutually dependent. It's not. There are a lot of countries where you can have a line of credit without a credit card. Hence: line of credit != credit card. > > Credit card is just lubricant to the economy (or debt making some might say). > I still don't think that answers the question. That's because you pick the wrong sentence in my reply and make it an answer to your question in order to fit your argument. Or maybe you really are arguing that a credit card is actually the same thing as a line of credit ?
- chrisseaton 10y ago
  No I don't think a line of credit is the same thing as a credit card, and I don't think you need a credit card to have a line of credit. I'm arguing you can't have a credit card without a line of credit. You're saying that you can have a line of credit without a card. That's the other way around to how I say it, see? I'm not disagreeing with that one.
  - vertex-four 10y ago
    If you read what the person was originally responding to, it was an assertion that credit cards are the only form of credit.

maxerickson 10y ago

The text you quoted says or credit/loans in general.