return2ozma@lemmy.world to News@lemmy.world · 10 months agoCredit card losses are rising at the fastest pace since the Great Financial Crisiswww.cnbc.comexternal-linkmessage-square3fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkCredit card losses are rising at the fastest pace since the Great Financial Crisiswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square3fedilink
minus-squarereddig33@lemmy.worldlinkfedilinkarrow-up0·10 months agoAnd whose fault is that? Maybe banks shouldn’t approve credit card debt to people who can’t pay it.
minus-squareZ3k3@lemmy.worldlinkfedilinkEnglisharrow-up0·10 months agoThe whole credit system is a scam. I was lucky enough to pay off my mortgage a few months ago due to the money saved working from home going to that since the 1st lock downs What happened my credit score instantly went down.
minus-squaregravitas_deficiency@sh.itjust.workslinkfedilinkEnglisharrow-up0·10 months agoYou’re being penalized for not paying the banking industry interest. I wish that was a joke.
And whose fault is that? Maybe banks shouldn’t approve credit card debt to people who can’t pay it.
The whole credit system is a scam.
I was lucky enough to pay off my mortgage a few months ago due to the money saved working from home going to that since the 1st lock downs
What happened my credit score instantly went down.
You’re being penalized for not paying the banking industry interest.
I wish that was a joke.