Last I heard about credit card debt was during the Great Recession of 2008. I would think people would have learned not to incur so much debt, especially one that comes with a heavy interest rate.
What's wrong with people?
I use it, then pay it off IMMEDIATELY. Why's that concept so hard for people to get...
This young married couple was staying in an old wealthy widow’s guesthouse for free in exchange that they kept up the grounds. The husband said one weekend a month fixing household things was about all it took. Her parents wanted her to divorce him. His parents wanted him in therapy. All because they were debt free and was saving money. After 13 years they decided to move on so they bought a 400K house with cash and a few nice vehicles and were set. Never being in debt.