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1 definition by fifteenstories

 
1.
The process of cutting up or otherwise destroying credit cards as part of a plan to become debt-free, most commonly through financial advisor Dave Ramsey's "Total Money Makeover" plan.
Upon deciding that she was going to get out of debt, she grabbed her credit cards and a pair of scissors, and prepared for her plastectomy.
by fifteenstories November 07, 2007