= 27d567bc2d48d9f40e9ccc20ea370b15)
Alicorn comments on Mandating Information Disclosure vs. Banning Deceptive Contract Terms - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (74)
I don't remember the last time I relied on a paper bill for anything. There's really no reason why anyone should ever make a late payment with Internet banking and the practically universal ability to set up automated transfers to cover at least your minimum payment.
You mean except for people who don't have computers, or maybe enough money to pay the bill?
I think it's fairly safe to assume that CronoDAS has access to the Internet.
I wasn't arguing that credit cards are a good idea for everyone, I was disagreeing with CronoDAS's original implication that credit cards suck in general. As I said originally, they are great for people who pay them off in full every month. Having access to the Internet makes it easier to avoid accidental charges due to late payments. I would say the kind of person who doesn't have access to the Internet is probably not the kind of person for whom having a credit card is a good idea.
People who do not have enough money to pay the bill are also not generally people who benefit from having a credit card. They would fall into the category of people 'dumb enough to carry a balance on them', a category that I agreed credit cards suck for.