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A comment on U.S. credit card debt jumps 18.5% and hits a record $930.6B. Parent comment

Re:U.S. credit card debt jumps 18.5% and hits a record $930.6B by aynyc on Friday February 03, 2023 @01:25PM (#34645604)
That's called debit card. Limit is the money in your back account.
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Re:U.S. credit card debt jumps 18.5% and hits a record $930.6B by Marsymars on Friday February 03, 2023 @01:41PM (#34645880)
It’s not quite the same thing. Secured credit cards exist, primarily for people with bad credit. e.g. https://www.hometrust.ca/credit-cards/secured-visa-card/

Personally, I already keep hefty minimum balances to avoid monthly fees on bank accounts that allow me to waive credit card annual fees. They could use that as credit card collateral.

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