TheReanuKeeves@lemmy.world to No Stupid Questions@lemmy.world · edit-21 month agoWhat would happen if you maxed out your credit cards and line of credit then fled to some village in the phillipines?message-squaremessage-square66linkfedilinkarrow-up193arrow-down12file-text
arrow-up191arrow-down1message-squareWhat would happen if you maxed out your credit cards and line of credit then fled to some village in the phillipines?TheReanuKeeves@lemmy.world to No Stupid Questions@lemmy.world · edit-21 month agomessage-square66linkfedilinkfile-text
For the record, I have no intention of doing this, just wondering why I don’t hear about it more often.
minus-squareRhynoplaz@lemmy.worldlinkfedilinkarrow-up15·1 month agoI have a $50k card, and I’m broke as fuck. I’ve had the card for 10 years and always pay on time.
minus-squarevillage604@adultswim.fanlinkfedilinkEnglisharrow-up7·1 month agoYup, they’ll just keep bumping it up every so often. It’s nice because it drops your total credit utilization and raises your score.
I have a $50k card, and I’m broke as fuck.
I’ve had the card for 10 years and always pay on time.
Yup, they’ll just keep bumping it up every so often. It’s nice because it drops your total credit utilization and raises your score.