Hec Harris (Robin Ramsay) is a widowed tax-office clerk who wants to buy a computer to help devise an easy tax-form process in this comedy. He applies for a loan but is denied because he always pays in cash and has no credit on record. He borrows the money from the bank and immediately returns it, along with the interest, and gets a credit card. Hec soon runs up a bill of over $10,000 and pays it off by obtaining more credit cards. He soon is hopelessly swimming in debt, he loses his job, and his daughter Jo (Marion Chirgwin) is placed in a foster home. Although the feature is a comedy, there are serious moments in this story about a man living beyond his means.