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A comment on Autopay Is Making Us Worse at Managing Credit-Card Bills. Parent comment

Re:Autopay Is Making Us Worse at Managing Credit-Card Bills by charlie0 on Monday October 09, 2023 @02:29PM (#37823557)
In other words, water is wet and people who are financially illiterate/irreponsible will continue making bad financial choices, no matter what tools are available to help aid them.
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Re:Autopay Is Making Us Worse at Managing Credit-Card Bills by m463 on Monday October 09, 2023 @03:26PM (#37824283)
Isn't that a like like saying people are irresponsible when they fall for dark patterns?

This involves money and profit. Privacy policies involve money and profit.

In both cases, there are clear financial incentives to make things confusing to the benefit of the financial institution.

Because credit cards got so bad, they added "nutrition labels" by law. These are the required disclosures that take about APRs, penalties, grace periods, fees and minimum finance charges, etc

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