No, I don’t know of anybody who has a big credit card debt. I don’t think I’ve ever carried a credit card balance past my payment date.
I did have a six-figure debt to a bank and if didn’t make my payments they would take the house from my family! Much higher stakes than any credit card debt I’ve ever had.
I do have a debit card though and it’s actually not that different from a credit card. If I spend money not in my account I would get charged a $25 overdraft fee plus interest.
alt Hacker News
No, I don’t know of anybody who has a big credit card debt. I don’t think I’ve ever carried a credit card balance past my payment date.
I did have a six-figure debt to a bank and if didn’t make my payments they would take the house from my family! Much higher stakes than any credit card debt I’ve ever had.
I do have a debit card though and it’s actually not that different from a credit card. If I spend money not in my account I would get charged a $25 overdraft fee plus interest.