Comment by stanleydrew
3 years ago
This argument makes sense if you don't consider the large portion of the population for whom credit cards are unavailable.
3 years ago
This argument makes sense if you don't consider the large portion of the population for whom credit cards are unavailable.
There's even a significant number of people in the US for whom bank accounts are unavailable. Hacker News really is an ivory tower in many ways.
4.5% of the American population is not exactly a “significant number of people”
https://www.fdic.gov/analysis/household-survey/index.html
I’m not saying we shouldn’t do anything for that 4.5%.
But almost anyone who has a bank account should at least be able to get a secured credit card
> 4.5% of the American population is not exactly a “significant number of people”
Wow. Absolutely stunning.
I don’t have much to say other than “yes it is”
> 4.5% of the American population is not exactly a “significant number of people”
Yes, it is; its 15 million people in the US, more people than any state outside of the top 4.
4.5% of the American population sounds like an _extremely_ significant number of people tbh
You've been an excellent example of my point, thanks.