credit card limited
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Do you think those guys who are going to be delinquent on their homeloan will use up their credit card limit?
Do you think those guys who is going to delinquent on their home mortgage will use their credit cards limited to the maximum and than go bankrupt? Credit cards are easy to obtain with huge limited before the homeloan get delinquent. Don’t they just enjoy by spending all credit on the maximum number of credit card and than go bankrupt so as to rip off all their debts?
In my state it is not that easy to claim bankruptcy.