Re:Trump announces one-year 10% cap on credit card interest ...
by acuozzo on Saturday January 10, 2026 @10:36PM
(#46572491)
> or get even more desperate
That's because, to him, "Make America Great Again" == "Make America resemble 1880 as closely as possible".
Peak Gilded Age. Gold-plated lavatories with countless hungry, desperate, and poor to keep them tidy, build bridges, make babies, toil, and die.
Re:Trump announces one-year 10% cap on credit card interest ...
by Nextgrid on Saturday January 10, 2026 @10:11PM
(#46572375)
Going to a loan shark is a significant increase in effort comparing to just using the credit card you've already got.
Sure, some people will, but a lot of people will just cut back discretionary spending as a result, which I think is a very good thing.
Not enough % return on risk and the company cancels their service and consumers have to go to loan sharks or get even more desperate and ready to do whatever they need to to survive