Legal Scams

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Re: Legal Scams

Postby CrustyOldFart » Wed Aug 04, 2021 10:21 am

sandman wrote:Credit card debt: A crisis that doesn't get enough credit
High interest rates are a scam and people who build up optional debt are making a big mistake.

The problem is that many people can't do simple math. They don't understand how quickly debt can build up and how interest works. When it comes to calculating how many months it takes to pay things off, they're even worse. Schools really need to do a better job at teaching math, although sometimes I think some people just don't have what it takes no matter what kind of educational strategy is used to teach them math skills!
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