How to manage credit card debt

A default can be serious enough for banks to stop a customer from using his credit card again.
A default can be serious enough for banks to stop a customer from using his credit card again. PHOTO: ST

SINGAPORE - Many of us have more than one credit card, but having piles of plastic does not mean you have more back-up credit lines if you have busted on one.

Here are four things about debt you should know.

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