It all starts with a seemingly innocent envelope containing a pre-approved credit card. Normally, these envelopes are shredded or ignored. But one man, Val Christian, goes against the grain and redeems his new credit card. He spends frivolously, ignoring his roommate's incessant reminders about having to pay it all off eventually. Eventually comes sooner than Val thinks. He attempts to continue cheating the system and attempts to find a way out of his predicament that doesn't require paying off the debt with any real money. But it's a futile attempt. In the end, Val is forced into some seedy situations, hoping that he'll be able to raise enough money to put this chaos all behind him.