[FrontierPsych]

I understand what you're saying. However, I pretty much learned all there was to learn about them in 15 minutes when I got my first one. I read about them. I'm not the smartest person in the world, by far. If I can easily learn now, then anyone can learn this stuff on their own, in 15 minutes. It is NOT complicated.

Getting information is exceptionally easy, and a LOT easier than when I got my first one. I knew from when I got my first credit card that I had to pay off the balance in full, every month. That using a credit card should be the exact same as using cash. You never buy anything unless you actually have the cash first. Then you can use the credit card and pay it off at the end of the month. It's so easy to understand. It doesn't matter about credit cards companies and their obfuscation. I didn't learn it from credit card companies. I just learned it because it was easy to learn. How difficult is it? Don't use a credit care unless you have the cash first. You pay it off in full and you don't pay interest, whatever level it is - .01% or 40% - it does not matter what the interest rates are, unless you don't pay on time.

And the problem is that people don't care. They think emotionally, and don't give a crap about future ramifications.

This is my favorite video that explains it all: https://www.youtube.com/watch?v=R3ZJKN_5M44

[jjav]

> It's so easy to understand.

But difficult to find. Do you know how to get out of paying interest on credit cards if you happen to be late for a payment once? Unless you've researched it, probably not. And it's unintuitive to have to research it because you'd think the answer is obvious (just pay it off) but it's not. Credit card companies count on people not noticing and then keep paying interest forever.

I know plenty smart people who just pay their credit card bill on autopay and don't examine every line item of the monthly statement. That seems crazy to me but it happens.

[RyanHamilton]

I would suggest it's not the ease of access to data nor the ability to understand it. It's the constant bombardment of advertising.

42% of Americanas are overweight, do you think it's because we don't have the data or it's not available? No, it's that within this capitilistic society its more profitable for companies to sell sugar with a high markup and copyright protection, than a piece of fruit. If a banana was the most profitable food item to sell, there would be less obesity. At what % obesity or taking out loans or addiction do we shift from blaming individuals to blaming the scenario and the players creating that scenario often for profit?

[gloryjulio]

If u treat ur credit card just like debit card u will never need to be end up in the situation in the first place. Don't spend what u didn't earn. And I use autopsy when I got my first credit card when I was still in school by just asking the bank for this service from instinct. I got plenty of discount and never needed paid interest once.

If u didn't earn it, it's not ur money. Don't spend what's not urs. I don't think that's hard to understand