I just found out yesterday that my wife, who has good credit, has a 32% APR on one of her cards. Republicans that would applaud these free market behaviors but also condemn abortions are complete charlatans. I just searched and came across dozens of Bible verses about how you're not supposed to lend money with interest.
this post was submitted on 09 May 2025
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Republicans and hypocrisy, always
This story right here is the fundamental argument against anything pro-business conservatives and libertarians espouse about the free market. Why would any company lower their profit once they have everyone used to that level of cost? This is the most obvious outcome from the situation.
I've gone back to using cash for everything. screw these rich assholes.
I don't even know what the rates on my cards are. I just pay them off. I also don't bother with cards with monthly fees, unless the Costco card counts.
The whole system is stupid though, a tax on the financially illiterate and poor. I wish I could just use debit and cash, but that's just throwing away free money from cash back on credit cards.
Synchrony is a cancer.
We need to cap these bastards. 25% APRs should so illegal executives face jail time. 15% should be the max, NOT the minimum.