Posted on 02/22/2024 6:30:02 AM PST by ChicagoConservative27
Like I did with my student loans, I am paying off credit cards and not using those with higher interest rates, however paying cash is getting difficult as more and more merchants will not accept cash. It’s only a matter of time before the Big Guy seeking his election will bailout credit card debt, particularly if someone is caregorized as DEI or illegal immigrant .
Are you fine with high IQ, educated people making lots of money off of those irresponsible people?
These same people print money out of nowhere, destroying individual’s wealth via inflation.
The rates are usurious.
There’s no CC bailout in the works. I think CC debt is over a trillion dollars now.
I don’t know if you’re talking about elected officials or people who run credit card companies or bankers making money and causing inflation.
I don’t know what the laws on usury are. Credit card rates are high no question.
I don’t have an answer as far as what we do to protect stupid people from themselves. If people are personally responsible about their finances they will avoid the problems.
Biden won’t do it, because the Credit Card companies have been his biggest backers over the years.
I was talking about bankers, but government is intertwined in the issue.
Part of the hazard must be on the banks as well.
If one loans money to a person who can’t pay it back, both should feel it.
CC companies currently charge up to 35%. It’s insane.
I could make money off of young adults and elderly people, but I’m not a piece of shit.
People confuse legal with moral.
Our country is headed in a very bad direction and everyone is going to feel it.
I thought exactly the same thing, Biden will cancel credit card debt.
What I suspect he’ll do is order these companies to cancel debt and legislate “new, more equitable” interest rates for credit cards.
Glad I paid the damned things off decades ago and haven’t used one since...
One of the reasons that Delaware shouldn’t even be a state. Let Pennsylvania annex it.
Deep State wants the middle class annihilated.
There will be no bailout.
Glenn Beck had a report on a few days ago that said ALL major indicators show a price increase of ≈ 33% on everything across the board since 2020.
My grocery bill alone tells me this is true - along with my utility bill.
Very few of those companies are even physically in Delaware.
BoA bought MBNA, so they have personnel in Delaware.
I’m sure that keeping the jobs in Newark were understood as a part of the deal.
BoA HQ is really in Charlotte.
If you made DE part of PA, it would make PA less purple or even blue.
Biden and his goons are doing everything they can to destroy the county.
It’s one thing if they’re are truly broke or they don’t understand the difference between a want and a need. People don’t need to buy a dozen oh so cute shoes, or the biggest truck tires, or have steak every night, or party every weekend. All the weekend rentals around here were rented last week and that $$$$ was likely put on cards. Why anything was rented during cold rainy weather is crazy but then vacays have only increased the past 4 years.
It’s becoming a nightmare under Biden... for all of us.
And yet Biden has billions of dollars to give money to illegals... and more to Ukraine and to every member of his base.
Add billions of dollars for deadbeat ‘students’ who major in ‘Basket weaving for Sexual Weirdos’... and that rounds out his ways to bribe groups to vote for him. Inflation is Biden’s way up upping the tax rate without having to go through Congress to do it.
You have to ask and ask again. Had ordered an oven part and the guy didn’t tell me to bring cash so ended up having to pay 3% more for using a cc. Finally got my car back from the shop after nearly a month and remembered to ask. Yep, 3% to use a card so they took a check. I’ve been wondering if cc were in trouble and now we’re told Capitol One is buying Discover Card.
Brandon only has a few more months to protect himself, Hunter or the card companies. After that, who knows. Why is Capitol One buying Discover?
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