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18. What Credit Card Companies Don't Want You to Know with Credit Expert Vrinda Gupta

Financial Feminist

CHAPTER

Are Credit Cards Making Money Off of People Going Into Debt?

"It almost feels like i'm almost making my money and my rewards off the back of people who are going into debt. Is that accurate? Like, is that's what's happening?" "What we really see with this interchange issue is, great, if you're a huge corporation, you can pay, know, two, three % or per swipe," he says. 'But if you're small business, that really does kind of gouge you'

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