Reply To: Will Moshiach Cancel My Credit Card Debt?

Since credit card (and most other debts) are denominated in fiat money (money with nothing backing it except faith in the issuing government), and meshiach coming will undermine faith in all existing governments, the money itself will become worthless. This is one reason why frum Jews usually have been more concerned with building up stable assets, such as zechus from learning and mitsvos, since assets based on this world lose value in the long run.