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You can do almost anything else at a W-2 job and make more money with less responsibility and risk. Your credit card rate comparison is absurd. You don't ever
by MisterBastahrd 10y ago
You can do almost anything else at a W-2 job and make more money with less responsibility and risk. Your credit card rate comparison is absurd. You don't ever have to carry a balance with a credit card. You have no choice with a car.
- aoeuasdf1 10y agoW2 jobs are not comparable. Driving for uber is flexible - you can drive whenever you want, for however long you want each week. Obviously that value will come at a lower price point for wages.
- wjnc 10y agoI was trying to do ballpark-comparisons. CC-rates are generally thought of as high-but-not-prohibitive. So being in the range of een CC-rate on first guess would land you in high-but-not-prohibitive-land. Totally right that the duration of an average debt is massively different, although I expect there to be many people that constantly roll-forward their CC-debt.