• hansl@lemmy.world
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    8 months ago

    49% of Americans can’t afford a 1000$ emergency. I can see why you would use your credit card, try to pay it with your next paycheck, paycheck is late (because of course it is) then miss credit card payment.

    Those are very thin margins that a lot of Americans deal with.

    • jballs@sh.itjust.works
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      8 months ago

      Yeah, but something like that is happening 9 or 10 times a year for 45 million Americans. That’s crazy!