return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year ago2 in 5 U.S. credit card holders have topped out their spending limit, report findswww.cbsnews.comexternal-linkmessage-square16linkfedilinkarrow-up181arrow-down12cross-posted to: news@lemmy.world
arrow-up179arrow-down1external-link2 in 5 U.S. credit card holders have topped out their spending limit, report findswww.cbsnews.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year agomessage-square16linkfedilinkcross-posted to: news@lemmy.world
minus-squareBruceTwarzen@lemm.eelinkfedilinkarrow-up3·1 year agoSo are americans just not understanding credit cards or do they just not care?
minus-squarehenfredemars@infosec.publinkfedilinkEnglisharrow-up1·1 year agoIt’s a system designed to prey on vulnerable people. The world would be much better off without these cards.
minus-squareStayDoomed@lemmy.worldlinkfedilinkarrow-up1·1 year agoA lot of people don’t understand them. Others don’t care, thinking they will deal with the debt later or never. American basic education in math doesn’t really cover financial math much.
So are americans just not understanding credit cards or do they just not care?
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It’s a system designed to prey on vulnerable people. The world would be much better off without these cards.
A lot of people don’t understand them. Others don’t care, thinking they will deal with the debt later or never.
American basic education in math doesn’t really cover financial math much.