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Sovcit is tanking with Amex, which can only end well. (lemmy.world)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] -3 points 6 months ago (1 children)

Sometimes people do the right thing for the wrong reason. It's based and cool to fuck over a credit company. The problem is that sovcit believe they can participate in the system and be absolved of consequences, and because they don't understand anything about modern sociopolitical trends they often do a bunch of stupid shit like trying to pay their loans with "coupons".

[–] [email protected] 3 points 6 months ago

Yeah, the sovcit isn't being based and cool fucking over the credit company. The credit company shrugs, does everything they can to ruin the sovcit financial standing in response, and then proceeds to just grab a bit more cash from the other cardholders to cover any losses. The credit company will make sure it is whole either way.