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TopicSo I was reading up on credit in the US and it's kinda blowing my mind
MacArrowny
01/11/23 11:22:15 AM
#18:


Colegreen_c12 posted...
I mean sure. But it's a lot more convenient to deal with credit cards than cash: less to get stolen etc, easier to manage, less running to the bank, don't have to worry about having change as much. Additionally retailers are able to (and some do) charge the customer an additional fee for using a card to make up the difference. Most just raise their prices wholesale though.
  1. If retailers raise there prices to make up for fees, credit cards don't actually benefit the customer.
  2. A debit card has all the benefits you mention without the negatives.

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