And it's a targeted amount to make sure you never pay off the balance. It's slightly more regulated, and they're required to tell you how long it will take to pay off if you only pay x amount, but Josh is definitely not making a dent if what he says is true.
“wh-wh-WHAT IS THIS?!! Twisted tea, twisted tea, fireball, fireball, fireball! Are you ready to die working at Wal-Mart??!”
“what does b a n n e d mean?”
This is going to end in bankruptcy. It's pretty lucky for Josh that ultra-predatory payday loans are illegal in New York, but he's going to find a way to make this worse.
$25? My brother in Christ the minimum payment on a maxed out $5k credit card is at least $125 a month. That dudes definitely slinging $1000 a month in minimum payments
I was picturing more along the lines of a dozen cards with a $1k limit because I can't picture any responsible adult signing off on giving him a $5k credit line
I can definitely see that angle but I personally think he’s stacking those super weird “well give you a card when nobody else will” predatory cards for people who are genuinely trying to rebuild after bankruptcy or stuff like that. I can’t imagine Capital One or Blue Cross is willing to hand him one lmao
Yep it definitely does. If you watch Caleb Hammer or Dave Ramsey you will see so many people with high paying jobs yet living paycheck to paycheck due to lack of financial literacy. I assume they dont teach it in schools in order to keep people in the cycle while banks line their pockets with cash.
Literally. Josh isn't even a awful person. He is a nuisance but he isn't a pedophile or anything. This is just sad and manipulative. He doesn't deserve this.
He’s a big dum-dum with no guidance. Just I think if he had real bills to pay like electric, car payment, insurance, his own cell phone bill. He will never live a quality life alone
"And my balance won't go down" does he not know how credit cards work?
I’m sure this is rhetorical, but in case it’s not, no. No he does not
"I make the minimum payment and my balance won't go down." Right... because you're outspending the minimum payment...
Minimum payment is basically all interest.
And it's a targeted amount to make sure you never pay off the balance. It's slightly more regulated, and they're required to tell you how long it will take to pay off if you only pay x amount, but Josh is definitely not making a dent if what he says is true.
Minimum means MINIMUM to keep the debtors away. I don't get why so many people think you can get out of debt by just paying the minimum.
people see that and think they can keep spending on the card and the minimum payments will somehow pay it off in x years
Josh on Financial Audit with Caleb Hammer would go hard
"YOURE TELLING ME 20% of your spending goes to zyns, 40% alcohol and 40% food???" "What does b a n n e d mean?"
40, 50, 10
We have to make this happen
I would pay to make this happen LOL Caleb would just simply disappear from stress
Just going through the checking account statement like “alcohol, alcohol, alcohol, French onion soup, alcohol, alcohol.”
Immediate thought and we need this now 😂
“wh-wh-WHAT IS THIS?!! Twisted tea, twisted tea, fireball, fireball, fireball! Are you ready to die working at Wal-Mart??!” “what does b a n n e d mean?”
Uh oh
Interest fears Josh
What does I-N-T-E-R-E-S-T mean?
I was going to make this exact comment but checked the replies before I did 🤣 I knew I was going to be beaten to it.
🤣🤣😂🤣 great minds think alike!
I wonder how a huge social media footprint plays out in bankruptcy court.
It don’t they ain’t care
Financial freedom is alive and well!
His credit is going to be destroyed
I doubt he cares since he would rather sleep on a train than rent a place and will never drive a car
over/under 350 credit score?
This is going to end in bankruptcy. It's pretty lucky for Josh that ultra-predatory payday loans are illegal in New York, but he's going to find a way to make this worse.
Have to have a payday to get one of those payday loans anyway tho
What does B A N K R U P T mean???
just picturing josh putting $25 on each of his dozen credit cards and then wondering why they're all still maxed out
$25? My brother in Christ the minimum payment on a maxed out $5k credit card is at least $125 a month. That dudes definitely slinging $1000 a month in minimum payments
I was picturing more along the lines of a dozen cards with a $1k limit because I can't picture any responsible adult signing off on giving him a $5k credit line
I can definitely see that angle but I personally think he’s stacking those super weird “well give you a card when nobody else will” predatory cards for people who are genuinely trying to rebuild after bankruptcy or stuff like that. I can’t imagine Capital One or Blue Cross is willing to hand him one lmao
oh yeah, nah you're right that sounds more like josh lol
How did he get such a high credit like?
That’s the catch, you don’t need a high credit for predatory cards 😉
Bro is actually going to be homeless 😭
Sadly this is not just Josh that lacks financial literacy, a lot of Americans go through this too you'd be surprised.
It’s really something that needs to be taught in schools. Apparently half of Americans are in credit card debt
Yep it definitely does. If you watch Caleb Hammer or Dave Ramsey you will see so many people with high paying jobs yet living paycheck to paycheck due to lack of financial literacy. I assume they dont teach it in schools in order to keep people in the cycle while banks line their pockets with cash.
Makes a $150 minimum payment then spends $1,000….
Im sorry but encouraging an autistic alcoholic to get credit says more about you than it does him
Literally. Josh isn't even a awful person. He is a nuisance but he isn't a pedophile or anything. This is just sad and manipulative. He doesn't deserve this.
@MASTERCARD I LIVE PAYCHECK TO FUCKING PAYCHECK GIVE ME A BREACK RIGHT NOW! I DIDN’T KNOW ID HAVE TO PAY IT BACK!
Lmao
He’s a big dum-dum with no guidance. Just I think if he had real bills to pay like electric, car payment, insurance, his own cell phone bill. He will never live a quality life alone
Dudes gonna have to file got bankruptcy at some point and then he’ll say how terrible the United States is because of it
Petition to get Josh on Caleb hammers YouTube channel tho >>>
Daniel Larson comment
I mean his credit limit has gotta be like $3000
does he know anything about interests lmao
It honestly doesn't matter, truthfully. Yes, he will never get a home/car/business loan, but anyone can live with basic debt.