credit card debt
3 statements across 2 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 16, 2017 by Alex Rampell · across every show →
Everything said about credit card debt, oldest first
Jul 16, 2017
Jul 16, 2017 neutral
Jan 2, 2019 neutral
Alex Rampell: US banks earn up to $180B yearly in credit card interest
“So there's a trillion dollars of credit card debt in the United States, and this is on average yielding between 15 and 18% for the banks, so that's a lot of money for them, so every year they're making a 150 to a hundred and eighty billion dollars in interest …”