this post was submitted on 25 Jan 2024
936 points (99.1% liked)

People Twitter

4975 readers
1309 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying.
  5. Be excellent to each other.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Patches@sh.itjust.works 3 points 7 months ago* (last edited 7 months ago)

Because I would imagine that the banks don't want to give a small interest free loan in that scenario? With no collateral on a regular recurring basis that one day will never be paid off?

Not that I feel bad for the banks...

Note: I've turned overdraft off with every account I've ever used and I don't use Auto pay because you gotta be strategic sometimes.