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I look at that as an advantage. Credit cards just keep a large portion of the population in unnecessary debt. Debit cards are much more logical in almost all si
by perryizgr8 5y ago
I look at that as an advantage. Credit cards just keep a large portion of the population in unnecessary debt. Debit cards are much more logical in almost all situations.
In fact I use my credit card like a 1 month delayed debit card. The line of credit is useless.
- jazzyjackson 5y ago> large portion of the population in unnecessary debt. thereby increasing the money supply and velocity of money. Waiting until you have money to spend it slows everything down.
- perryizgr8 5y ago> Waiting until you have money to spend it slows everything down. Which is probably a good idea for most people and most situations.
- powerapple 5y agoFor people need money, credit card is a thing can be helpful at a time and lock them in debt for long term. Most people pay interests on credit card are those you don't want them to be on credit card, poor people.