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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

'My Parents Opened a Credit Card in My Name': Student Discovers $30,000 Debt While Trying to Move Out

US credit card delinquencies increased in the first quarter. (Credit: energepic.com/Pexels.com)

A Reddit user was shocked to find an outstanding credit card debt of $30,000 on his credit report despite never having spent over $5,000 over the past five years.

'My parents gave me a credit card with my name on it while I was in high school. I used it over the years for small things like ordering food and ubering to and from college. These weren't big purchases though, everything adds up to maybe $5k over the last 5 years.' the user wrote on the social media platform.

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