Americans now owe $1.13 trillion in credit card debt

    • ExLisper@linux.community
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      9 months ago

      Maybe in your bank. Most banks don’t offer any protection for debit cards. Credit card companies offer more protections and that’s why people use them.

      • ShepherdPie@midwest.social
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        9 months ago

        Many do offer protection but during the period between fraud occurring and the resolution, you don’t have access to your money. With credit cards, it’s the banks money that’s missing.