How much is your credit card debt?

[mudhatter]

How much do you owe in credit card debt?

 

[mudhatter]

Which countries owe the most credit card debts in total?

 

[k1976]

That is a good question

 

[k1976]

Which countries owe the most credit card debts in total?

Consumer debt usually not very high as many advanced economies already implemented 6x mthly salary cap back in 2018

 

[ODACHEK]

Me no credit cards how to have debt?

 

[The Crow]

Wanna help me to pay? ...

 

[k1976]

Wanna help me to pay? ...

If u are Angelbaby, I am sure there are plentiful of white Knights... Maybe from Orchard Rd to Jurong neh

 

[congo9]

Credit card is a good tool.
Why ? If you manage to rise to 140k annual income, your credit limit will be very high. MAS don't care as long as the bank is happy.

Basically you can bring your card and buy a whole house in other country. Imagine you buy a house with your credit card.

 

[SBFNews]

Zero. In fact they owe me money every month because I always ensure that there's a credit balance +/- $1k in the card account in case I forget to pay on time.

 

[Scrooball (clone)]

Zero. In fact they owe me money every month because I always ensure that there's a credit balance +/- $1k in the card account in case I forget to pay on time.

I thought I was one of the few smart ones out there. Seems like u are too.

 

[k1976]

Credit card is a good tool.
Why ? If you manage to rise to 140k annual income, your credit limit will be very high. MAS don't care as long as the bank is happy.

Basically you can bring your card and buy a whole house in other country. Imagine you buy a house with your credit card.

Buy safe Haven asset?

 

[k1976]

Also can buy Pet Rock....

 

[k1976]

Tiagong... Viet Chiobu jin sukah pet rock

 

[glockman]

Zero. In fact they owe me money every month because I always ensure that there's a credit balance +/- $1k in the card account in case I forget to pay on time.

I do the same! So it's the credit card companies that owes us money.