alt Hacker NewsWhat good would it do to compare rates to what they used to be?
Replies
ilamont • yesterday at 8:22 PM
If you've had credit cards in the past, your minimum payments and debt servicing will be a lot more expensive than before.
What good would it do to compare rates to what they used to be?
If you've had credit cards in the past, your minimum payments and debt servicing will be a lot more expensive than before.
Your mom: Why don't you have a credit card? It helped me so much when I was in your situation.
You, a young adult who doesn't check: I'll get one! runs up debt with an interest rate 4x what your mom had to deal with thirty years ago HELP I'M SUPER BROKE AND BANKRUPTCY IS A LOT HARDER THAN IT WAS THIRTY YEARS AGO TOO
You, a young adult who checks: The interest rates are 4x what they were when I was in your situation. This looks like a much shittier deal than it was for you.