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Credit Card Debt

In countries with consistently high inflation, ordinary borrowings at banks may also be inflation indexed.

In this case, the creditor hopes to regain something equivalent to the debt and diversion in the figure of dividends and capital gains of the borrower. The "repayments" are therefore proportional to what the borrower earns and so can not in themselves cause bankruptcy. Once check is converted in this way, it is no longer admitted as debt.