Quote:
Originally Posted by woj
I'm not visualizing how $100 limit on debit cards will effect anyone in the porn industry... can you clarify how that new limit could effect anyone here?
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Just like AaronM, I dont have credit cards. Dont need credit cards with a 6 figure income.
Home and vehicle are all I have financed, and didnt really need to finance the vehicle.
I have a $5000 daily limit on my debit card and I wont like that being reduced at all.
Sure, using it as a credit card works fine and racks up reward points. But it costs merchants more to process credit vs debit, and once you take the debit option away the merchants are going to raise their fees to cover their loss. In the end, the consumers get fucked. Like always.
Pretty much the only time I use my debit card and its less than $100 is for lunch or gas.