354
Destigmatize Bankruptcy.
(lemmy.ml)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 Nov 2023
354 points (97.6% liked)
Memes
45284 readers
2642 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
Really the only good thing about credit cards is it helps raise your credit score. I only use them for that to be able to get a decent apr on a loan.Otherwise i would never use them.
There are more benefits to credit cards, but if you don't pay them off every month pretty much all pros are massively outweighed by the cons.
People are being stupid in this thread and downvoting you. Credit cards are designed to make poor people SUFFER! There are better ways to avoid starving
Agreed. Food banks are literally designed for this scenario. They exist to help people put food on the table. Few scenarios actually require credit cards. No shame in accepting help when you need it. And you can always donate later when you're on your feet. You cant ever give back if you're dead from starvation.
I use my debit card for almost everything and use my credit card for small things to keep the usage low if i use it at all.
True there are more. I just typically dont use it otherwise i would rack up more debt. Using my debit card is the best way for me to track my finances.
You gotta find a good one that gives travel rewards or something. We've had a few vacations with free flights because of ours. Of course you should only spend what you can pay off in a month but it still adds up
TRAVEL REWARDS??? We're in a conversation about people starving, and you're like "oh but this one gives you a free flight to Jamaica"