IN DEBT WE TRUST

The first credit limit was determined by how much a banker liked your haircut.

✗ FAKE

Credit limits are set by lenders based on factors like income and credit history. They are not set by haircut preferences.

More In Debt We Trust facts

The first payday was celebrated with a dance called “Rent.” It ended immediately.The first IPO was basically a public breakup: “We’re growing apart, also please invest.”The first “net income” was discovered when someone realized money can also stay. A rare miracle.The first fee was charged for “convenience.” The convenience was disappointment.The U.S. dollar is the most widely used reserve currency in the world. Basically, everyone’s ex they still rely on.The first portfolio was literally a folder. It contained receipts and emotional damage.See all In Debt We Trust facts →

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