text: who has a high credit card debt or loan? how much?   i have about $10,000 but it's in a no-interest credit card, at least for 12 months.  i'm using it to balance out an investment that will pay 15% after a year, so in the end i'll make about $1500 on the deal.  wish i could do that with a million dollars -- wouldn't have to work at all.  :)  anyway i have equity in my house to cover the loan if anything should go wrong, so it's not exactly the same as what you mean.  my overall net worth is well into the black.  there was a time when my wife (now ex-wife, long story) and i had together over $30,000 in credit card loans but we managed to get a low-interest loan to cover the entire amount and paid it off in about 2-3 years, after we got good jobs.  but things were pretty scary there for a bit.