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Why are we punishing people for being poor again? Stick with the interest fee. Late fees make absolutely no sense
by aaomidi 3y ago
Why are we punishing people for being poor again? Stick with the interest fee.
Late fees make absolutely no sense
- matchbok 3y agoThen don't use a credit card. Simple.
- aaomidi 3y agoAlternatively: I live in a system where I can have government reduce the power of companies. I’ll do that instead.
- matchbok 3y agoThis isn't reducing the power of any company. The money and fees will be shifted around. This accomplishes nothing other than encouraging people to rack up more debt.
- bigstrat2003 3y agoI'm neutral on this subject, but I don't think "punishing people for being poor" is an accurate framing at all. It's more like "punishing people for making bad financial decisions".