@return2ozma to [email protected] • 1 month agoWhat would happen if everyone with credit card debt collectively stopped paying them?message-square33arrow-up196arrow-down14
arrow-up192arrow-down1message-squareWhat would happen if everyone with credit card debt collectively stopped paying them?@return2ozma to [email protected] • 1 month agomessage-square33
minus-square@[email protected]linkfedilink3•1 month agoPretty sure FDIC (Federal Deposit Insurance Corporation) is for deposits only, not debts. The politicians would never let their donors suffer.
minus-squared00phylinkEnglish3•1 month agoTrue, I was mainly responding to folks talking about banks going under and people “losing everything.” The FDIC was specifically set up to avoid that happening again.
Pretty sure FDIC (Federal Deposit Insurance Corporation) is for deposits only, not debts. The politicians would never let their donors suffer.
True, I was mainly responding to folks talking about banks going under and people “losing everything.” The FDIC was specifically set up to avoid that happening again.