I feel for Gen Z because the article is wrong.
the average credit card rates are 25-35% now
I never remember that before.
they do not teach maths in school anymore especially not how interest works, or how to do a budget.
what jobs can kids get today ? I know kids with degrees that get paid and treated like utter crap.
Usery should be illegal.
Lenders should not be able to offer secured car loans at 25% or 29% but they are and they do.
I remember MORTGAGE rates of near 18% in the early Reagan years.
Tell me again about how current credit card rates are worse than that.