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re: US credit card debt hit a record $870 billion in 2018

Posted on 3/5/19 at 8:03 pm to
Posted by Suntiger
BR or somewhere else
Member since Feb 2007
32998 posts
Posted on 3/5/19 at 8:03 pm to
quote:

Does it factor people who pay everything on CC and pay it off each month to get points? If so that’s pretty misleading. Everyone I know nowadays is doing this, it’s stupid not to.


Yeah, is this past due or is that just a snapshot at a random time of the month? I’m one of the weirdos who puts everything on my card and pays it off each month, so if my debt is considered in this figure, it could be very misleading.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14073 posts
Posted on 3/5/19 at 8:11 pm to
It's a racket I can't out my mortgage on my CC.

Cash back points would skyrocket.
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