• @Omgpwnies
    link
    English
    221 month ago

    From their perspective, they make nothing off of people who don’t pay interest or fees. Thus, it only makes sense that the “best” customers are the ones carrying a balance, because they’re the ones who generate profits.

    • @surewhynotlem
      link
      181 month ago

      They still make a percentage of each transaction. But it sure isn’t 18% interest

      • @[email protected]
        link
        fedilink
        English
        41 month ago

        18? Ha, it’s closer to 30% for lots of us. They only loads it to the teens for people who aren’t carrying balances.