return2ozma@lemmy.world to News@lemmy.world · 8 days agoEven Top Earners Are Falling Behind on Credit Card and Car Paymentswww.bloomberg.comexternal-linkmessage-square36fedilinkarrow-up1188arrow-down16
arrow-up1182arrow-down1external-linkEven Top Earners Are Falling Behind on Credit Card and Car Paymentswww.bloomberg.comreturn2ozma@lemmy.world to News@lemmy.world · 8 days agomessage-square36fedilink
minus-squareKazumara@discuss.tchncs.delinkfedilinkarrow-up3·edit-27 days ago POINT FIVE PERCENT from like 5.5% to 6%. Actually that’s called a 0.5 percentage points increase and a 9 percent increase (because 6 ÷ 5.5 = 1.09). The distinction is important, but even the media gets it wrong often. Even Top Earners Are Falling Behind on Credit Card and Car Payments
Actually that’s called a 0.5 percentage points increase and a 9 percent increase (because 6 ÷ 5.5 = 1.09). The distinction is important, but even the media gets it wrong often.