Comment on Are credit cards a good or bad invention?
southsamurai@sh.itjust.works 9 hours ago
Eh, in an ideal world, they could be fine. It’s just a way of deferring goods/services to a future time in exchange for present needs.
Alas, this is not an ideal world, and debt fucks people harder than a methed out porn star.
Thing is, in the same capitalist hellscape that makes them so ugly, they become a necessity, and the purest form of evil
Oka@sopuli.xyz 6 hours ago
Ive never had a credit card, but I do have overdraft credit (if I overspend, an amount is taken from the line of credit to cover the cost, I pay it back the same month for about 0.20% processing fee, or $25 monthly payments). This prevents my bank from charging a 90$ convenience fee when I overdraft on each transaction. Ive never accrued interest to this point.
That said, rather than have a credit card, I just won’t buy something, simple as that. Ive grown up having no money, I know what its like to not be able to pay for something important. Borrowing money is always bad.