bisexual nonbinary, he/they pronouns please! im quite the obsessed undertale/deltarune fan!!!(warning: undertale and deltarune spoilers) go ahead and ask me questions and stuff! i do free art requests aswell (though they might be a little late due to my schedual) my blogs a mess of reblogs and original artwork ^^". please dni perves, terfs, lgbt+phobes ect! I'm an adult now :)
This is a long read, but worth it. Some takeaways:
-Don’t use “buy now pay later.” The fine print isn’t what it seems.
-The fine print on medical financing, store credit cards, and contactless payment is also not what it seems.
-Payday loans are still predatory, even when offered by your employer
-Rewards programs are an income stream for the companies that run them. The points systems are manipulated so that the house always wins. They depend on people leaving money in rewards accounts and not in interest-bearing traditional bank accounts.
-Electronic payment apps like VenMo are not banks. You don’t earn interest. Your money is not protected.
-Your financial information is not private if your money is not kept in a regulated bank.
-None of this is regulated by the FDIC. Your money is not protected if it is held by a non-bank doing banking business. Our economy is not protected from the collapse of financial institutions that are not banks.
-The Biden administration was making progress in increasing accountability for non-banks operating as predatory financial services providers. The current administration is reversing those protections to favor corporations.
PEOPLE! DO NOT LEAVE YOUR MONEY IN VENMO OR APPLE PAY OR ANY OF THIS SHIT. FOR THE LOVE OF GOD GO FIND A REAL BANK OR A CREDIT UNION.
If Venmo were to close tomorrow all your money would vanish. There’s no insurance or guarantee on any of these things. I know banks aren’t great but legit banks will have the “FDIC insured” logo on their doors and websites, which means if my bank goes under tomorrow I still get my money back. Also I guarantee you there is a credit union somewhere in your town, go find it.
You can leave some money in Venmo or Apple pay or whatever, but NOT ALL OF IT for the love of God.
I literally move all of my payments immediately from Venmo or PayPal to a real bank. You should only ever treat these things like doorways. You don’t stand in the doorway bc the door could close on you and squish you. Don’t leave your money in the doorway: it’s not safe there.
Why does trying to reblog this almost crash tumblr
Ohhh this is neat. So obviously there are a bunch of 0 width spaces here (the U+200B characters)
But that number (4096) jumped out to me (2^12). And the reason this is important, is that tumblr limits a paragraph to 4096 characters (for some reason)
ALT
