The Surprising Reason Credit Card Companies Love Economic Downturns

Crazy how credit card companies seem to benefit when the economy dips — it always feels a bit upside down compared to how the rest of us experience it. I’ve definitely paid more attention to how my own cards operate since the last downturn, especially when random fees or weird charges pop up. At one point I had to look up Mastercard customer service through a site I usually check for brand feedback, and it actually helped me clear things up way faster than I expected. Stuff like that makes you realize how important it is to keep track of your accounts, especially when everything in the economy feels unpredictable.