TheReanuKeeves@lemmy.world to

No Stupid Questions@lemmy.world · 2 months ago

What would happen if you maxed out your credit cards and line of credit then fled to some village in the phillipines?

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What would happen if you maxed out your credit cards and line of credit then fled to some village in the phillipines?

TheReanuKeeves@lemmy.world to

No Stupid Questions@lemmy.world · 2 months ago

For the record, I have no intention of doing this, just wondering why I don’t hear about it more often.

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village604
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2 months ago
Yup, they’ll just keep bumping it up every so often. It’s nice because it drops your total credit utilization and raises your score.

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