how do people get into credit card debt

fucking how

who is giving you all this credit

That guy has some nice tits

banks will give credit to a dead goldfish

not mine apparently

i had two credit cards one the max was 1k and the other is 1750

these people are like 50k in credit card debt

even if the debt without interest has to be like 30k

a credit card isn't a fucking loan

They don't want to you pay it off. They want you hooked.

You're an investment.

nah most of the time when shit balloons that huge it's a loss

95% of the time they will default

and the debt gets sold for 40%

same shit with houses

i truly don't know who is giving these people credit

because i pay absolutely everything on time and have decent income

and there's no way i could get 10% of the loans these people do

I was thinking it was a ton of different credit cards, so it's not like a big balloon. Its.a bunch of little debts.

yeah maybe that's the case

but most creditors will simply find out how much you already owe and what your income is

so if you want a loan, they're gonna look at how much you have leftover after paying your current debts

or at least they're supposed to

8k coming in a month and these people spend 15

I don't think loans are like credit card debt at all, but I dont rly know. I just heard card companies want to hook up with you no matter what, and most ppl have a bunch of different cards.

greetings "niggas"

nah credit card companies will just deny you

same as anything else

or they give you a card with a 300-500 limit

not enough to rack up serious debt

these people go to college for 4-8 years and come home with 50k+ in debt

just to make 100k a year

most of these calls im seeing its more like 300k in debt to make 125k/yr

and they buy a half a miillion dollar house and take out 200k in loans LMAO!

because they're rich college graduates now

gotta look the part

buy that 80k suv (for the kids!)

buy that 70k *executive* luxury car

gotta look the part

gotta fill the house with 50k of furniture so your friends dont think you're poor