Why Credit Cards Are A Scam - Honest Ads

If you've ever wanted to know what it's like to sell your soul and never get it back, just open up a credit card.

So wait, Visa, American Express, and Mastercard aren't trying to help us?

Why Credit Cards Are A Scam

[Ladykyra]

"Wanna have money without having money?" OMG....think that's the best definition of credit cards I've ever heard. 🤣

[jetfire]

If only this guy could report the news

[cannon]

The most scammy part is that if you dont have a credit card you dont get a credit score. No credit score i couldn't get an apartment for my wife and I for 6 months. We lived with my parents until finally we found a place that actually looked at my income and not just a three digit number or the lack of it...

[briansperry]

The best type of slave is one who thinks he’s free.

[dontleaveamessage]

“Paying for an expensive education that doesn’t lead to a job” words of wisdom

[afreen]

My mother is still paying off the debts that she accumulated on her many credit cards when she first came to this country. She didn't understand what it was at all, she essentially thought it was free money and she and my father bought like real fur coats and stuff because they were dumb.

I'm not sure exactly how true this story is, but from what my sisters have gathered from their lives, apparently this is true.

[FEffort]

I swear that’s the American motto right there: “Doesn’t that sound like it should be illegal? It’s not! 😉”

[WalterVermeir]

"Stop buying stuff you can't afford, with money you don't have, to impress people you don't even really like. - It is a signal you're stupid. It is not a signal that you are rich." ~ Dave Ramsey

[irismabbagu]

2.4M subs with 2.4M views, what a loyal crowd

[LucidDreamer]

I have had credit cards for about 35 years and have NEVER paid interest. I only use a credit card for convenience so I can pay for gas at the pump or order from online sellers.

[sambeezy]

"People spend money they don't have on things they don't need." -George Carlin

[timhofstetter]

I'd like to see this presentation given in high schools before graduation.

[DarkDevero]

I can imagine a world where this dude owns a ton of businesses and does the ads himself, but since he owns everything, he can be as honest as he wants.

[samb]

This should have been shown to all incoming first year college students as part of mandatory financial education....

[Juan-ziqs]

At first I thought “damn banks are complicated I’d rather not go through all that paperwork” but after this it’s really made me think I shouldn’t get involved with them in any way possible

[mikehunt]

Anybody else starting to feel like you've been scammed on everything since birth???

[shuaizhou]

“Use this card to get an education that you probably won’t a job from”

[player_official]

Honestly that’s something I could never get about the USA. In my country credit cards are unheard of - everyone just uses debit cards.

[AlexBesogonov]

The first rule of credit card use: PAY BACK THE BALANCE EVERY MONTH. That's it. There are no more rules.

[TheoneandonlyJobis]

I've gotten over $1000 in cash back over the past 3 years and I've never paid a cent in interest. Just use it as your debit card and pay it off every month.