Americans have $1.17 Trillion worth of debt on Visa & Mastercard

Americans have $1.17 Trillion worth of debt on Visa & Mastercard

Visa & Mastercard are charging people an average 29% interest rate on that debt & while Americans are at their lowest

Visa & Mastercard are sitting in this hearing with 80% of the market for swipe fees, as a duopoly, telling Congress they do not want any competition…. It’s unbelievable.

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https://x.com/WallStreetMav/status/1859426815548289343?t=wPBCmPdN1SkG6u8xnQvGCA&s=19