Time to default on them :)

>>85711123
Obviously they use AI to review everyone's credit usage in order to lower their risk.
>>85711151
You want to wait until you're broke before doing that, otherwise keep servicing the debt on all accounts so that the ones with remaining credit can still be used. If one is in default then the rest might get cancelled on you instead of just limit-lowered.

I dont understand debt, and levergaing, and all that. I just go without, if i dont have any money

>>85711296
It allows people, business and governments to make purchases they did not have the money to pay for. If it is the only way to fund a project, or to survive for the time being, many will turn to borrowing. Credit cards are relatively low-risk on both ends. The creditors are making bank on off of the interest paid on debt, and accept the rest of customer defaults. The borrower has leverage to spend more than they could afford, and either get to a place where they can fully repay the balances, use a debt settlement program to restructure payments with more time and lower fees, or file for personal bankruptcy.

>>85711123
What did you buy with all the money?

Good luck ever getting a loan or renting anything ever

You wish, ha
Say goodbye to your belongings

>>85711325
Nobody has to know, ha ha ha
>>85711330
Won't be needing to
>>85711335
I own nothing and I am happy

>>85711123
you were supposed to leverage that money into risky stock bets and then flee to SE Asia dumbass