What is the largest credit card debt you've ever had?
Anonymous poll
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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? |
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. |
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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. |
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We use our card for everything now and pay it off every month. |
you should do another poll for student debt.
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We do the same thing on an airlines card. We get at least a couple of free tickets a year. |
943,000. How do you think I built m house?
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Like Niku, well over 15K but that was planned/paid off in one billing cycle. We never carry a balance.
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I don't like debt. I don't think I've ever even had a balance of more than $500 on any credit card.
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For those of you who revolve a balance, I thank you. Odds are at least some of you are doing it on our cards.
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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. |
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