- What would you do if someone gave you a credit card with a $20,000 limit?
- What would you do if the credit card company asked for all of their money back and 10% interest on what you had spent?
- What are some of the consequences of bankruptcy?
A: I would use the money wisely and not spend too much. I say this because if i spend all the money in the quickness, i would be in debt and it would be considered as "credit abuse." I would make a big issue out of it because it is my money that i got. I would actually take it to the court because 20,000 is a lot of monye to let go to waste. Some consequences of bankruptcy is losing your house, car, car insurance, health insurance. This could heppen to many people and can be very dangerous to a lot of people.
