I'm a resident of Georgia and have been sued as I defaulted on my credit card bills recently. I have CITIBANK Mastercard that I took in the early 80's. Just wanted to know if credit card debt is a written agreement. Thanks.

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In a written contract, the monthly payments, the timeframe, everything is clearly spelled out. However, an 'open' or 'revolving' credit line doesn't fall into this category as the terms and conditions change every month. You can check this out from the US UCC codes. In Georgia, credit card contracts are specifically labelled as open contract.

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