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A comment on Be wary of imitating high-status people who can afford to countersignal. Parent comment

Re:Be wary of imitating high-status people who can afford to... by jrm4 on Sunday December 11, 2022 @11:25AM (#33944540)
But no:

When your account is credited, that means you gain money. That's the definition of "credit."

So yes, you are creating credits for the credit card company, against you. What you are gaining is debt/liability. Which why it's weird for it to be "your" credit card.

If I have a Chuck E. Cheese game token card, that doesn't mean I owe Chuck E. Cheese tokens.

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Re:Be wary of imitating high-status people who can afford to... by throwaheyy on Monday December 12, 2022 @10:26AM (#33955627)
No. “Debit” isn’t “debt”.

A credit card offers you credit.

credit: noun An arrangement for deferred payment of a loan or purchase.

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