4 ms·
Lots of credit card debt is unsecured because the purchased goods are consumed, but that is dischargeable.
by jackcosgrove 7y ago
Lots of credit card debt is unsecured because the purchased goods are consumed, but that is dischargeable.
- slg 7y agoWhich is why credit card interest rates are so high and why you can't get a credit card with $100,000+ limit as an 18 year old with zero income or credit history.
- lostcolony 7y agoAnd also why credit card debt is not concerned a necessity for 'making it' in society.