Quote:
Originally Posted by Schwertfeger1007
It's not THAT different than buying a home to me. Borrowing money to buy an asset that could appreciate and should at least hold it's value is very different than spending said money on something like a vacation ect. If things get tough you can usually sell the card you purchased to pay back all/most of the loan right?
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I think most of us don't like the idea of being forced to sell our cards, for any reason.
And there's always the theoretical possibility, although it's never happened in real life in the history of the world, that your card might decline in value, in which case you can't actually pay off the loan by selling your card now.