I don’t believe in government price controls. However I do feel sorry for people that don’t pay off their credit cards each month and pay such high rates. Not a smart thing to do. But it is voluntary and there is no reason for anyone to not live within their means.
Now the government ... well that’s another story. :-)
There is a really simple solution.
DON’T BUY THAT!
*** But it is voluntary and there is no reason for anyone to not live within their means. ***
Sometimes there are expenses, medical, transportation, etc, that leave people little choice. They are called unforeseen emergencies.