this post was submitted on 04 Mar 2024
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submitted 8 months ago* (last edited 8 months ago) by prksss@lemmy.world to c/comicstrips@lemmy.world
 
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[–] Patches@sh.itjust.works 2 points 8 months ago

The Credit Card Companies get their 2% fee but the banks get their interest rate. The average American owes > $6000 in Credit Card Debt. At your average usury rate of 20% that's $1200 every year for every American. That alot of fuckin money.