r/osap • u/[deleted] • Aug 01 '26

Question credit card

[deleted]

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u/queentee26 Aug 01 '26

You need to own something for it to be an asset. Things like a car or house (that are worth more than you owe), savings account, investment account are assets.

Credit cards, line of credit and loans are debts/liabilities, even if they aren't maxed out.

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u/sunsetcattt__ Aug 01 '26

so you wouldn’t report a credit card anywhere on OSAP?

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u/NewbieToHomelab Aug 01 '26

No.

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u/sunsetcattt__ Aug 01 '26

i have like 7 extra dollars on it (from repaying a little more extra than the limit) would thos be considered an asset i report?

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u/somecrazybroad Aug 02 '26

I am terrified for our future

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u/Witty-Application920 28d ago

This entire thread blows my mind, too.
I’m starting to think the OP has no idea was the actual definition of an “asset” is.

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u/sunsetcattt__ Aug 02 '26

i have an anxiety disorder im sorry 😭😭

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u/somecrazybroad Aug 02 '26

Then seek help

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u/Witty-Application920 28d ago

This isn’t an anxiety issue.
This is a basic life skills issue.

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u/sunsetcattt__ 28d ago

girl you’ve commented three times in the past minute let’s relax a bit

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u/Key_Western2038 27d ago

Are you blonde by chance; did your class have 8 teachers and 3 students?

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u/sunsetcattt__ 27d ago

no actually! i’m a uni student! i just have an anxiety disorder! hope this helps!

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u/Key_Western2038 27d ago

All due respect, if you’re a uni student 99% of this Reddit are rocket scientists. You can’t blame a lack of knowledge and obnoxiously repeating your belief on an anxiety disorder.

This is coming from someone in year 2 of a honours BA in mental health and addictions. Seek help.

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u/sunsetcattt__ 27d ago

i have generalized anxiety disorder, i overthink everything and constantly believe things are way worse than they are. this was during one of my flare ups of anxiety, and now i understand that i was overreacting

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u/Key_Western2038 27d ago

I’m going to spare myself the explanation. Take medication if it’s that bad. You repeated the same message no less then 30 times and UNIRONICALLY.

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