4 ms·
Also same data: 38.8% pay it with CC that they pay off, 41.8% pay it with cash. Put two of them together and you get $80.6% not struggling at all. That data is
by woobar 7y ago
Also same data: 38.8% pay it with CC that they pay off, 41.8% pay it with cash. Put two of them together and you get $80.6% not struggling at all.
That data is garbage.
- omnimus 7y agoInteresting to me CC is basicaly a loan. That is not comfortable no? To me borrowing money seems like last emergency option. If i cant pay 400usd without borrowing it that seems like struggle.
- woobar 7y agoAs it was mentioned in the thread several times using a credit card and paying it off is just using free money with some extra benefits. I.e. better consumer protection, perks (miles/cashback), expense tracking, etc. I personally use CC for all my payments unless it is not accepted.