Clay Travis

I was in my 30s and had a net worth in the hundreds of dollars at one point.

So this is not like, oh, I always paid my... I had basically a paycheck-to-paycheck existence until like five years ago.

maybe six years ago something like that so what i'm saying is i never carried a credit card balance that entire time never once did you just pay cash or you had a debit card i just paid it off every month every month i paid off my credit card okay yeah not that you didn't use credit cards you say you didn't have a balance you mean you paid it off every month you did sure that it was not i'm saying i never

I never ran up a debt on credit card companies when I had no money and when it would have been a lot of fun to go buy like a new jet ski, I did not do.

Now, I understand some people it's groceries, some people it's... I get all this, but what I'm pointing out is you...

You really don't want to run up credit card debt, and it should be something that people are far more educated on because the rates are super high and it is non-dischargeable in bankruptcy, which is the other part of this.

So I've been on both sides.

I also think that some of the credit card stuff that they do – I actually got hit by this once when I was in my 20s.

They would change the due dates.

Oh, yeah.

Kind of arbitrarily.

So I'm just going to be clear.

The credit card companies have engaged in predatory behavior.

That has happened.

That has been a real thing in recent years.

They have had to be... They have had to be told, stop acting like a loan shark mobster, okay?

Moving the due date around...

in the hopes that somebody's auto payment is then late, and then they can hit you with the 30% APR.

That's a scumbag, honestly fraudulent move, like it's fraud to do this, and the credit card companies had to get slapped with that.

So they're not the good guys.