/biz/ - Business & Finance

>>53935832
Because normoids must consume NOW

>>53935832
Yes.
>muh points

>>53935832
I could carry around cash or I could just put a piece of plastic in a scanner. convenience

>>53935851
>whats an ATM card

>>53935851
>what is a debt card vs credit card

>>53935863
>>53935874
>exposing your checking account to risk instead of your credit account
no thank you ma'am

>>53935898
>yes, goy, we make credit cards so your money is safe

>>53935832
Not if you pay them off every month. It's free money

>>53935832
I can see the nose in that chart

>>53936000
yes goy consume consume, don't think about anything else
life is now and that means consume

>>53935935
the credit card doesn't have real money on it, that's the point

>>53936037
So, you dont need to pay it back?

>>53935935
If your ATM card gets skimmed, you're going to be out of that money for at least a month
On a credit card, the transactions get reversed in a few days and your checking balance isn't affected
tl;dr you're fucking stupid

>>53936143
Yes, they are so generous!
Let me kiss their feet

>>53936143
.I can just call my bank or walk in and get it fixed within 10 minutes.

>>53936034
>I willingly pay more money so no one thinks I'm jewish

>>53935898
>checking account
What a fucking boomer

>>53935832
Yes. Literally. Even if you are a good paypig and don't ever make interest payments on your balance, you're still giving those kikes money flow. It's actually hilarious how yuropoors force you to pay for your "privilege" much like how gas stations in America generally charge you for the credit card premium and if that as a universally required practice, credit cards would probably disappear into a very specific niche.

>>53936186
What do you call the account that's linked to your debit card?

>>53935832
What happened in 2010 to double the number?

>>53936143
this, also if you use cash/debit the extra cost of cc fees is passed on to you anyway, may as well benefit from a 2% discount

>>53936324
Who knew they invented Credit Cards, because they were so generous at heart!

>Bank wants to force me to pay a transaction fee once I go above a certain number of transactions
>Free credit card has no transaction limit

And now I use a credit card for everything and just pay it all off every few weeks.

>>53936207
It's still called a checking account and will likely always be called that.

credit cards = free money

>>53936143
>just keep a low amount like $200 in the account connect to your card and use the app to fill it when dining out etc
>inb4 muh points, also i have 1% general cashback and 10% cashback on hotels on my debit
>i can even send bitcoins directly from my checkings account with just a 0.99% exchange fee
>did i mention free travel insurance too..?
just don't be retarded and you can find good debits too

>>53936421
>also unlimited transactions and withdraw from ATM's without exchange fee WORLD WIDE
try using a amex to withdraw money in the third world you fucking cucks while i spend all the vacation throwing bills at the hoes your eating at McDonalds because it's the only cuck house who accepts your card

>>53936448
>muh third world
OK, raajet

>>53936448
How many STIs you got bro...

>>53936421
whats wrong with points for things you already do?
i love points and sign on bonuses

credit cards normally mean you default or payback

if enough people default, the backing financial institution defaults, but they get bailed out by the central bank.
repeat this through all lenders and you see that the US govt/fed is the ultimate bag holder of the entire worlds debt.

but they can never default. on a long enough timeline the trust is broken and the USD devalues, is replaced or becomes worthless.

>>53936334
They make more money off dumb people than they lose from smart people. You're apparently one of the dumb ones, so it's best you stay away from credit cards

>>53936567
Thats what I said in OP, nigger

For vendor, fast transactions and no wads of cash sitting in the store ready to be stolen. For consumers its convenient transactions and a buffer in front of the funds in checking. For credit card companies, its interest payments and selling your transaction flows.
Would be great if this was a nice opt-in synergistic relationship.
But its become a mess
> vendors essentially have to pay the cut for CCs because they are expected
> single item price meaning cash payers are subsidizing credit card transaction fees
> consumers fuck themselves by carrying a balance at insane interest rates
> CC interest become a big portion of credit card company revenue so they try to maximize it

not my problem

>>53935832
Credit card threads are hilarious because they bring out the literal stupidest users on biz arguing against them

Credit cards basically provide far better security against fraudulent transactions as well as providing cardholder rewards which are effectively financed by the low IQ shitskin retards who make poor financial decisions and end up paying interest on 20k balances

I think a lot of people in these threads get mad because they’re the retards financing my cash back benefits

its amazing how much (((they))) shill on this board

>>53936968
How deep are you in credit card debt, anon?

>>53936992
zero

>>53935832
I'm a fucking retard and I don't want to create a new thread for this so I'm just going to ask this here. If you have a credit limit of lets say $500 and you spend $450 but pay it off like the next day does that mean you can spend up to $500 again or do you have to wait until next month

>>53938752
Yep you are fucking retarded

>>53936139
No you don't. What the fuck are they going to do. You think they give a fuck about some smuck that owes 25k when there's almost 1T of debt going around? Settle for pennies on the dollar or don't even settle at all

>>53936421
or instead of this intense autism i can just use a credit card
yeah i think ill do that, thanks

>>53938820
Thats not how shit works, dumbass

>>53938839
It literally is though

>>53938891
>just go bancrupt

>>53935832
>>53935842
>>53935844
>>53935851
>>53935863
>>53935874
>>53935898
>>53935935
>>53936020
>>53936034
>>53936037
>>53936139
>>53936165
>>53936175
>>53936178
>>53936186
>>53936203
>>53936334
>>53936421
>>53936448
>>53936557
>>53936567
>>53936645
>>53936940
>>53936968
>>53936992
>>53938752
>>53938820
>>53938823
>>53938839
>>53938891
>>53938980
Everyone ITT is a retard. Credit cards are great if used as leverage, not as debt instruments.

>>53939018
> Credit cards are great

>>53935832
Pretty much. They prey on weak willed faggots. But I use them exclusively for chargebacks and rewards. I don't pay interest so it's my way of getting back at the kike.

>>53939145
In a world where money (debt) is printed for free, people who use debt intelligently are rewarded. Why is it that your wage and investments are taxed, but loans aren't, even though they make the loans out of thin air?

>>53935832
For Jews to make money. /thread

>>53935832
kek the dollar is so fucking dead, it's over

>>53935832
nobody forces anyone to use a credit card.

I AM NOT A SCHIZO

But jews have been gangstalking me since I got a credit card. For over a year I used it as intended - making normal payments and settling the balance every month. But the last three months I was hit with a JEWISH GYPSY CURSE on my credit card. Suddenly massive payment after massive payment - car issues, health issues, dental, repairs, you name it.
Now I am 12k in credit card debt. In three fucking months this happened.

DO NOT GET A CREDIT CARD
Curse cards I call them.

>>53939353
How would you have paid for those things if you didn't have the card?

>>53939631
Missing the point entirely.
If I didn't have the card, I wouldn't have been targeted in the first place.

>>53939631
A normal loan?

>>53935832
Yes.

Credit cards are great. The problem is normies are retarded and can't control themselves. I haven't used debit in over a decade, there's little reason to.

>>53939327
It's going to take more than a couple decades before the dollar dies. I'd go as far as suggesting that more than half of the people here will die before the dollar dies.

CC give you rewards. Also it's the banks money, not yours, so it doesn't mean anything if you lose it or someone sticks you up for it.

>>53939872
>Credit cards are great

>>53940148
So how do you do online purchases when Bitcoin/crypto isn't an option? Debit where a data leak may result in your checking account getting compromised? You'd take on a risk like that, and not get some cash back from the payment processor?

>>53940166
Sure, but thats not the point of credit cards, the point is too fleeze people

>>53935832
They are a scam, but they are such a good scam, that you have to buy in and play their game correctly to not get scammed

>>53940624
They're like bug zapping lights for normies, not much different than vaccines desu

>>53936324
How is a fee passed on to me for using cash and debt?

>>53935832
Cool it with the anti-Semitic remarks.

>>53938752
Don’t care if bait but the credit limit is in relation to $0.. so if you used $450 of the $500 credit you’d only have $50 credit left.. you pay $450 of the balance off you’d be back to having full $500 credit

>use credit card
>reach limit
>do NOT pay back money because credit card debt isn't even secured aka they can't come take your shit
>????
>PROFIT

It's literally that easy.
Inb4 MUH CREDIT SCORE!!! OH NOEZ MR GOLDBERG WON'T GIVE ME THE PRIVILEDGE OF INCREASING MY CREDIT LIMIT AGAIN!!!

>>53935832
Ding ding ding

>>53936000
Only idiots pay off credit cards. You can transfer the balance every 18 months. Just make minimum payments and transfer once the period is about to expire.

Here's the thing. You said a 'red rabbit is a meme token.' Is it in the same family? Yes. No one's arguing that. As someone who is a gambling addict and who studies shitcoins, I am telling you, specifically, in science, no one calls red rabbit a meme token. If you want to be 'specific' like you said, then you shouldn't either. They're not the same thing. If you're saying 'meme token family' you're referring to the taxonomic grouping of erc20 cryptocurrencies with an animal logo, which includes things like shiba inu and ApeTown. So your reasoning for calling a red rabbit a meme token is because random people 'call the animal tokens meme tokens?' Let's get doge and shiba inu in there, then, too. Also, calling someone a human or an ape? It's not one or the other, that's not how taxonomy works. They're both. Red rabbit is a red rabbit and a member of the meme token family. But that's not what you said. You said red rabbit is a meme token, which is not true unless you're okay with calling all members of the meme family meme tokens, which means you'd call monero, icp, and other coins memetokens too, too. Which you said you don't. It's okay to just admit you're wrong, you know?