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Topic	So I was reading up on credit in the US and it's kinda blowing my mind
Colegreen_c12 01/11/23 1:38:39 PM #38:	masterplum posted... At some point is it causation or correlation. Poor people pay more interest, but at what point do we contribute some of this to financial decisions that caused them to be poor because they are paying more in interest? There are a lot of areas where we need to make sure poor people get equal opportunities. Im not sure credit cards is one of them Honestly the biggest and easiest first step is a lot of this basic financial stuff needs to be taught in school. A lot of it comes from ignorance. Past that its a lot trickier --- DPOblivion beat us all. <cite>Colegreen_c12 posted [p:970776174] in So I was r... [t:80308260]...</cite> <quote>masterplum posted... </cite><quote>At some point is it causation or correlation. Poor people pay more interest, but at what point do we contribute some of this to financial decisions that caused them to be poor because they are paying more in interest?There are a lot of areas where we need to make sure poor people get equal opportunities. Im not sure credit cards is one of them</quote>Honestly the biggest and easiest first step is a lot of this basic financial stuff needs to be taught in school. A lot of it comes from ignorance. Past that its a lot trickier --- DPOblivion beat us all.</quote> ... Copied to Clipboard!
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