How we talk about credit goes a long way in revealing our attitudes toward using it responsibly.
From Urban Word of the Day comes a new term to describe the junk mail flood of credit card applications.
Application for Debt:
An of offer of credit from a financial institution.
Wife: What did we get in the mail today?
Husband: Just an Application for Debt.
The original definition can be found on the Urban Dictionary. For more definitions of common bankruptcy terms, visit our bankruptcy dictionary.
Tags: bankruptcy, bankruptcy dictionary, credit, credit card
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