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View Full Version : What is the largest credit card debt you've ever had?


ute4ever
04-08-2008, 07:40 PM
Anonymous poll

TripletDaddy
04-08-2008, 07:42 PM
Personal or business/expense account?

Also, if personal, do you mean unpaid balance after one billing cycle, or simply how high did you get it one month before you paid it all off?

ute4ever
04-08-2008, 07:49 PM
Personal accounts. Combining your balances at any given time.

I've gone from $0 last May to what is, to me, an astronomical number in less than eleven months. Fortunately I've been blessed with a workload that will allow be to pay it all off by the end of June. I just wonder how it compares to you rich people.

cougjunkie
04-08-2008, 07:51 PM
Personal accounts. Combining your balances at any given time.

I've gone from $0 last May to what is, to me, an astronomical number in less than eleven months. Fortunately I've been blessed with a workload that will allow be to pay it all off by the end of June. I just wonder how it compares to you rich people.

I currently owe about 40k in personal credit card debt due to numerous things.

TripletDaddy
04-08-2008, 07:59 PM
I currently owe about 40k in personal credit card debt due to numerous things.

Shnikeys, dude! That seems like a lot, but then again, credit card debt freaks me out.

I think the most we ever owed combined was still about $6 or $7K, and that was when we were first married.

That was almost a decade ago. We are fortunate to be able to pay off our CC bills monthly.

We also have some student loan debt left....about $13K? somewhere around there. No rush to pay that off.

The highest i ever had in one billing cycle was a bit over $40K on my business CC. It was all expensed and paid for that month. I CLEANED UP on hotel points that month, though. Not bad.

nikuman
04-09-2008, 06:16 AM
Shnikeys, dude! That seems like a lot, but then again, credit card debt freaks me out.

I think the most we ever owed combined was still about $6 or $7K, and that was when we were first married.

That was almost a decade ago. We are fortunate to be able to pay off our CC bills monthly.

We also have some student loan debt left....about $13K? somewhere around there. No rush to pay that off.

The highest i ever had in one billing cycle was a bit over $40K on my business CC. It was all expensed and paid for that month. I CLEANED UP on hotel points that month, though. Not bad.

I've had as high as 15k, but that was paid off in the normal billing cycle. It was a planned thing.

We use our card for everything now and pay it off every month.

MikeWaters
04-09-2008, 02:40 PM
you should do another poll for student debt.

creekster
04-09-2008, 05:13 PM
I've had as high as 15k, but that was paid off in the normal billing cycle. It was a planned thing.

We use our card for everything now and pay it off every month.


We do the same thing on an airlines card. We get at least a couple of free tickets a year.

FMCoug
04-09-2008, 05:25 PM
943,000. How do you think I built m house?

nikuman
04-09-2008, 06:24 PM
We do the same thing on an airlines card. We get at least a couple of free tickets a year.

I pay for all sorts of stuff with my points. They can be converted into airline miles (although not as quickly as if it was just an airlines card) but, more to the point, I can buy stuff with them too. My entire slate of gifts for my wife last year was a result of my points.

BigFatMeanie
04-09-2008, 09:24 PM
Like Niku, well over 15K but that was planned/paid off in one billing cycle. We never carry a balance.

il Padrino Ute
04-09-2008, 09:29 PM
I don't like debt. I don't think I've ever even had a balance of more than $500 on any credit card.

Clark Addison
04-10-2008, 01:26 PM
For those of you who revolve a balance, I thank you. Odds are at least some of you are doing it on our cards.

BYU71
04-10-2008, 02:46 PM
Wow, when I had a balance of $4,500 and didn't pay it I though I was one of the major credit card owers in America.

Looked like I was probably 6 months away from paying it off, so I went to my folks and offered them 10% and they took it. I knew my Mom wouldn't want the banks getting 18% out of me for more than one month.