return2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 3 months agoBanks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year highqz.comexternal-linkmessage-square10fedilinkarrow-up148arrow-down12cross-posted to: news@lemmy.world
arrow-up146arrow-down1external-linkBanks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year highqz.comreturn2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 3 months agomessage-square10fedilinkcross-posted to: news@lemmy.world
minus-squareTurbo@lemmy.mllinkfedilinkEnglisharrow-up1·2 months agoUh, try that and see what happens They have the upper hand , they will take your assets and sell your debt to collections and the courts will side. The terms are such that you agree to pay. What would be better is for everyone to always pay their credit card on time and reap the benefit from cashback rewards on purchases.
Uh, try that and see what happens
They have the upper hand , they will take your assets and sell your debt to collections and the courts will side.
The terms are such that you agree to pay.
What would be better is for everyone to always pay their credit card on time and reap the benefit from cashback rewards on purchases.