@return2ozma to News • 9 months agoAmericans are facing a record credit card debt crisiswww.businessinsider.comexternal-linkmessage-square16arrow-up1113arrow-down16
arrow-up1107arrow-down1external-linkAmericans are facing a record credit card debt crisiswww.businessinsider.com@return2ozma to News • 9 months agomessage-square16
minus-square@[email protected]linkfedilink9•9 months agoMeanwhile my credit card co raised my credit limit by $3k out of the blue the other day…
minus-square@malloclinkEnglish9•edit-29 months agoOn some cards I have well over $50K limits. But really only use 1-2% of these limits. I can’t imagine people trying to carry balances on credit cards. Probably when the CC industry busts my limits will probably get reduced :(
minus-square@[email protected]linkfedilink5•9 months agoSome people don’t “carry balances” on credit cards, they “carry their lives on credit cards.” Corporations making a killing and people out here getting killed. Being poor is expensive.
minus-square@[email protected]linkfedilink6•9 months agoThey want you to spend more on things you can’t afford and hopefully pay more interest.
Meanwhile my credit card co raised my credit limit by $3k out of the blue the other day…
On some cards I have well over $50K limits. But really only use 1-2% of these limits. I can’t imagine people trying to carry balances on credit cards.
Probably when the CC industry busts my limits will probably get reduced :(
Some people don’t “carry balances” on credit cards, they “carry their lives on credit cards.” Corporations making a killing and people out here getting killed. Being poor is expensive.
They want you to spend more on things you can’t afford and hopefully pay more interest.