I’m a deadbeat who gets part of the transaction fees returned to me, and currently my credit card company is desperately trying to give me another line of credit I don’t need nor want. And my credit card company provides virtual credit card numbers, so I use those to pay for online purchases that don’t take crypto. And they still make money from me through vendors because of the high credit card fees even with my kickback, and this is one of the reasons Bitcoin, Bitcoin Lightning and Monero are better means of exchange, usually getting you a discount from the merchant or service that take them. Consequently, it was Demonrats that railed against credit card companies for late fees and over limit fees which paved the way for these high interest rates we see today, as they used to be reasonable. Of note in the presentation from older data, credit card debt was over $1.2 trillion (2025), with people paying $160 billion in interest (2024), which is in loan shark territory. And it would seem those fees are still being charged, so a typical Demonrat scam to rob you of money if you let yourself want things before you can pay for them, and notice they’re agents of the bankers not looking out for you. Furthermore, when interest rates went up for credit, it didn’t happen for savings, as banks are greedy (credit unions are better). And bankers are trying to fight returns on stablecoins at the moment, as they’re backed by treasuries that pay interest some issuers want to give to customers, but bankers want to keep it themselves, also afraid it would wipe out their banking services that pay even less interest. And they’re fractional reserve banks having lent out your savings to others and unable to cover customers if they want to leave en masse. So we’re at peak banker greed just before the system crashes out.
What Is a Deadbeat?
Deadbeat is slang for a credit card user who pays their balance in full and on time each month. They avoid paying interest on their accounts.
A deadbeat is also called a “nonrevolver” or a “transactor.” They’ll get this derogatory name by being a potentially less profitable customer for a credit card company than a revolver, or someone who carries a balance from month to month. But credit card companies still profit from deadbeat cardholders, and the cardholders often earn rewards.