Americans are falling behind on their payments
Americans are falling behind on their payments
www.cnn.com
Analysis: Americans are falling behind on their payments | CNN Business
20 comments
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"Somebody think of the poor banks"
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get ready for when the job market inevitably eats shit
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Every price has gone up. Salaries haven’t. So… yeah.
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Exactly. A more accurate headline would be "Americans are Falling Behind on their Income."
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Although credit cards are predatory, there has to be some sort of personal responsibility right?
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Right... but sometimes people fall on hard times. They may get laid off and need food or to pay rent for the month. They may get an unexpected medical expense. They use a credit card in the hopes they'll bounce back on their feet soon... but high interest rates make it harder and harder to pay it back. Interest rates should never be above 20%. And even that is high.
But yes, there are those who use it to go partying or buy expensive toys too.
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I used mine to cover a job loss for food and gas, and have finally been able to knock it down after two years of buying very little to ensure most of my money goes to paying them off. It is harder than it should be to get back on my feet, especially when I am making more money than I ever have in my life, but the cost of shit also went up with my pay, so it is effectively the same as it was when I was a TEEN.
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People have lives and emergencies but personal responsibility and not caring about other people or something.
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20 comments
I'm not at all shocked. At my company my coworker i rationing his medication. I'm concerned he could die at any time due to this. We as a team mentioned this to work and HR's answer was they sent a provider listing.
Bruh. That is literally a scenario I'd expect to see laid out in an email message in Cyberpunk 2077. Or the background for a Cyberpsycho story.
How fucking dystopian.
Any chance s/he could contact the manufacturer? Some of them have programs outside of insurance to make critical medicines affordable.
I can mention that at work to them. Thanks for that
Wow. You should report HR to HR. Also get a new job. That's like a rich city council person, who has full ability to help in many ways, giving a homeless person a magazine with real estate listings.
Out of our department of 7; I found out during an interview that 5 of us applied for the same position at a competitor.