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What you have when your credit card debt or loan i … moreWhat you have when your credit card debt or loan is paid-in-full.
An old-school machine that holds a credit card and … moreAn old-school machine that holds a credit card and a carbon-paper packet, and then slides over those to create an impression onto the carbon-paper packet. Nowadays, electronic card readers are more common.
Old debts that have never been paid. Often, debt i … moreOld debts that have never been paid. Often, debt issuers sell these debts to debt collection agencies, who go to greater efforts to collect the debt.