Credit Cards are the greatest scam of the 20th Century

[slayer69]

insane how people fell for that shit ngl
it is rampant even in the 21st century, more so than ever.
(i have never used a credit card and i never will)

 

[incel194012940]

how is it a scam

 

[slayer69]

how is it a scam

they trick u into thinking u r getting free money
where in reality u r walking into a massive debt trap

I thought credit cards was free money since you been doing good

I thought you can just use all the money they give you like they were rewarding you with free money since you had good credit. Didn’t know they wanted that shit back

looksmax.org

 

[the BULL]

how is it a scam

dalits don't know the concept of credit/debt relation

 

[incel194012940]

they trick u into thinking u r getting free money
where in reality u r walking into a massive debt trap

I thought credit cards was free money since you been doing good

I thought you can just use all the money they give you like they were rewarding you with free money since you had good credit. Didn’t know they wanted that shit back

looksmax.org

Only if youre retarded most people know you are supposed to pay it

 

[slayer69]

dalits don't know the concept of credit/debt relation

i do

the difference is for some big loans u pay a 9% interest while with credit cards u pay 14%

 

[SecularIslamist]

Isn't it obvious? Who tf would buy using credit card just so they can get credit rating up so it will enable them to borrow more and pay back more. Jews are so fucking retarded.

 

[slayer69]

Only if youre retarded most people know you are supposed to pay it

14% interest is insane though

 

[slayer69]

Isn't it obvious? Who tf would buy using credit card just so they can get credit rating up so it will enable them to borrow more and pay back more.

yet credit card penetration is insane

 

[the BULL]

i do

the difference is for some big loans u pay a 9% interest while with credit cards u pay 14%

ofc you're getting money when you feel like it, the sum that you want and then restore the account, and you're taking smaller sums, it's more flexible than a long term loan that's why it costs more

 

[slayer69]

ofc you're getting money when you feel like it, the sum that you want and then restore the account, and you're taking smaller sums, it's more flexible than a long term loan that's why it costs more

bro you still have to pay full balance, and not the minimum
if u pay the minimum u legit walk into a debt trap

u have an mba from bocconi of course u know this, but ur average 22yo woman doesnt and thinks the world revolves around getting chads