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by lxgr
2 days ago
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> That surprises me, I've never met someone that uses Debit cards as their primary method of payment. That in turn is not surprising – the split is very much correlated with socioeconomic status (to the point where quite a few of the people working on debit card products have never themselves used a debit card to pay, in my experience). > The only drawback to credit cards is the interest [...] Which is a significant drawback if your bank account balance regularly oscillates around zero and/or you've seen your peers get in financial trouble from credit card debt. |
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