📊 Tale of Two Credit Cards: Where rich mice get golden cheese while poor mice pay 21.5% interest for crumbs. New data shows $1.2T in card debt, with wealthy "transactors" earning $3k/year in rewards funded by fees charged to everyone else. Time to spring this debt trap? 🪤 #CreditInequality #FinancialJustice
https://news.slashdot.org/story/25/03/20/135242/there-are-two-kinds-of-credit-cards

'There Are Two Kinds of Credit Cards' - Slashdot
The credit-card market has quietly split in two, Atlantic argues in a new story: one offering generous benefits to wealthy Americans, the other offering expensive debt to the poor. Credit-card balances have reached an all-time high of $1.2 trillion, with serious delinquency rates climbing to their h...