Cory Doctorow on Nostr: Chopra is taking aim at credit-card comparison sites that purport to show you where ...
Chopra is taking aim at credit-card comparison sites that purport to show you where you can get the best deal. If you're an affluent person who doesn't carry a balance, this might not matter to you, but if you're an average working stiff, high interest rates can gobble up a massive share of your paycheck. What's more, credit card margins are higher than they have ever been:
https://www.consumerfinance.gov/about-us/blog/credit-card-interest-rate-margins-at-all-time-high/
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https://www.consumerfinance.gov/about-us/blog/credit-card-interest-rate-margins-at-all-time-high/
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