Oh, here debt doesnt get written off (very rare instances). It just keeps blotting your credit history till it's down the drain and you can't apply for any new credit.

same used to be here, if your debt is bought by collection agency (when actual creditor is tired of trying to get money from you, they sell deft for like 40c on the dollar), you are in trouble, they w

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Yah, I have heard paying the minimum due is the easiest way to build a great debt for yourself. And in most cases, credit cards are built to keep you in the dark about the debt building while you are

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that's why it's hard to be poor. poor people end up getting slapped with interest, fees, all kinds of tickets for stupid things, when you cannot afford to renew car registration on time or pay monthly

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And with debit cards, you know what you actually can spend instead of keeping to build a large debt over the years.

TIL. There are Governments who take steps to make sure their people aren't in debt due to corporate greed. This is awesome.

in some countries govt cares for peoples monetary problems. in USA they just want you to be in debt as far as you can get in there.. you can get "credit card" from big retailers that

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it's smart, without credit cards people will have less debt.

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a very big debt bro cant gamble no more

That guy is in a lot of debt now so maybe not

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Debt-free, fully owned hardware inside FiberState SLC1 – Salt Lake City, Utah USA data center.