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TopicAre millenials who use debit over credit cards low information consumers?
CharlesBronson
04/26/18 9:26:04 PM
#170:


@Cleo_II posted...
People who are afraid of credit cards recognize they lack self control or are just uneducated about their benefits (or both).

What an ignorant statement. Anyone who owns a credit card is risking financial ruin. Just google "credit card fraud claim denied." Here's one example. She had a credit limit of $500 but a fraudster somehow racked up $138,922.00 in fraudulent charges and then TD Bank denied her fraud claim.
http://www.cbc.ca/news/canada/british-columbia/td-customer-fraud-unhappy-1.4341899
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