Or even better, make banks immediately start treating any negative balance as a credit. There can be a low limit, but enforce a low interest rate. For all that banks have done to us, I feel like this is literally the least they can do—and shit, they’d still turn more profit.
This is actually not a terrible idea. Though interest rates in general need to be capped on lines of credit of all varieties. The fact that 45% interest on a credit card is not being brought up on usury charges is insane.
Or even better, make banks immediately start treating any negative balance as a credit. There can be a low limit, but enforce a low interest rate. For all that banks have done to us, I feel like this is literally the least they can do—and shit, they’d still turn more profit.
This is actually not a terrible idea. Though interest rates in general need to be capped on lines of credit of all varieties. The fact that 45% interest on a credit card is not being brought up on usury charges is insane.