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108 sats \ 1 reply \ @ek 6 May 2023 \ on: How US banking system pushes people into debt bitcoin
it's hard to set up auto payments on the credit card (so the person have to remember to pay any bills)
What? Does that mean you get a bill via mail you have to pay?
My CC just deducts the outstanding balance from my checking account every month. Couldn't imagine that this is not the case everywhere.
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179 sats \ 0 replies \ @nout OP 6 May 2023
Yep, that's not the case and that is what catches most people. Especially for CCs created not "within your bank account". Generally there will be some option somewhere (often hidden) saying "set up Autopay".
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