this post was submitted on 16 Nov 2024
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I use my credit card all the time, and it's set to auto pay off all of it every month, so there is never any interest charged. It basically delays the time my money leaves my bank account from the time of purchase to up to a month later, with no downside, while building credit history. The interest may be 300%, I don't care because I'm never charged it.
I do the same, but I think they were asking for people who can't pay it off. Those are absurd rates.