Trump’s Plan Will Break Credit Cards – Here’s How It Affects You.
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Top Comments (10)
I love credit cards, but I pay mine off every single week. I am only in it for the rewards. If those stop, I'm out!
Credit card companies don't want you to pay it back...they want you to let it ride...forever.
Most people in America aren't taught about investing at all.
I love the fact that Jaspreet actually cares about other people's welfare. Good on you, boss
I saw a congressional hearing with the heads of the major credit card companies. When I asked what their margins were, they replied between 60 and 70%. Yet they were claiming they could still not afford to have any more competition in the marketplace.
Honestly, having the companies be more selective on who they give credit to is a good thing in the long run for the people. They lack self control and having less access to such predatory credit will force them to manage their money more carefully and live within their means. I'm sorry to say that even as adults, many people need something to restrict their emotional impulses and bad habits
You are spot on. This spending needs to be stopped.
If Trump can lower the interest on credit cards to 10%, that would help so much.
As someone who shamefully went through a debt cycle for years I agree. People spend money too freely and need to be told no.
"Register for my free masterclass & get Market Briefs as a bonus: https://link2.briefs.co/3f6957?utm_campaign=TOF_Content&utm_medium=organic&utm_content=pEo_nqoJVj0&utm_term=minority_mindset&utm_source=youtube&utm_placement=youtubepinned WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!"
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Top Comments (10)
I love credit cards, but I pay mine off every single week. I am only in it for the rewards. If those stop, I'm out!
Credit card companies don't want you to pay it back...they want you to let it ride...forever.
Most people in America aren't taught about investing at all.
I love the fact that Jaspreet actually cares about other people's welfare. Good on you, boss
I saw a congressional hearing with the heads of the major credit card companies. When I asked what their margins were, they replied between 60 and 70%. Yet they were claiming they could still not afford to have any more competition in the marketplace.
Honestly, having the companies be more selective on who they give credit to is a good thing in the long run for the people. They lack self control and having less access to such predatory credit will force them to manage their money more carefully and live within their means. I'm sorry to say that even as adults, many people need something to restrict their emotional impulses and bad habits
You are spot on. This spending needs to be stopped.
If Trump can lower the interest on credit cards to 10%, that would help so much.
As someone who shamefully went through a debt cycle for years I agree. People spend money too freely and need to be told no.
"Register for my free masterclass & get Market Briefs as a bonus: https://link2.briefs.co/3f6957?utm_campaign=TOF_Content&utm_medium=organic&utm_content=pEo_nqoJVj0&utm_term=minority_mindset&utm_source=youtube&utm_placement=youtubepinned WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!"