this post was submitted on 04 Mar 2024
1220 points (99.2% liked)

Comic Strips

12786 readers
3363 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 1 year ago
MODERATORS
1220
submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]
 
you are viewing a single comment's thread
view the rest of the comments
[–] Patches 2 points 8 months ago

The Credit Card Companies get their 2% fee but the banks get their interest rate. The average American owes > $6000 in Credit Card Debt. At your average usury rate of 20% that's $1200 every year for every American. That alot of fuckin money.