Who knows? Good things might happen while Trump golfs and rambles. Probably not, but it could theoretically happen.
this post was submitted on 16 Nov 2024
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I don't understand, why use credit cards if 25% interest rate is charged?
I use my credit card all the time, and it's set to auto pay off all of it every month, so there is never any interest charged. It basically delays the time my money leaves my bank account from the time of purchase to up to a month later, with no downside, while building credit history. The interest may be 300%, I don't care because I'm never charged it.
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The interest rate is charged if you don't make your payments. Otherwise, you get rewards each time you spend which makes things a little cheaper.
The “rewards” come off the backs of poor people paying these usurious interest rates.
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