Solved: Is credit card debt a liability?

Is credit card debt a liability?

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Yes, a credit card debt is a liability. For a business, it is listed on the balance sheet under Current Liabilities.

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Yes, a credit card debt is a liability. For a business, it is listed on the balance sheet under Current Liabilities.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Is credit card debt a liability?