this post was submitted on 25 Jan 2024
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Banks need it /s (lemy.lol)
submitted 7 months ago* (last edited 7 months ago) by King@lemy.lol to c/whitepeopletwitter@sh.itjust.works
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[–] Adalast@lemmy.world 3 points 7 months ago

This is actually not a terrible idea. Though interest rates in general need to be capped on lines of credit of all varieties. The fact that 45% interest on a credit card is not being brought up on usury charges is insane.