when i was younger and dumber, and had just started working, I counted up my credit card credit line, and it was just under $200,000. My salary was just about 1/6 of that. I counted the 200k as sort of an asset. I also contemplated borrowing it all, using it to aggressively attempt to build a business and defaulting if I failed. it seemed like a no-lose proposition. I didn’t do that because I was concerned about bankruptcy, potential fraud allegations; it just wasn’t for me, but I am very very conservative. But it was certainly out there for usage and it definitely crossed my mind to use it in a risky way to try to get going in life.
