If everyone only spent money they had with a credit card, then credit cards woul...

strken on Jan 13, 2023 | parent | context | favorite | on: The 'buy now, pay later' bubble is about to burst

If everyone only spent money they had with a credit card, then credit cards would not try to lure you in with free stuff and there would be no reason to use one. I pay my balance on time and "enjoy" "many benefits" derived from the human suffering of the people who weren't rich or sane enough to do so.

vageli on Jan 13, 2023 [–]

Credit card companies make money regardless of whether or not customers carry a balance due to interchange fees.