You have to clear credit checks to get a credit card. Theres also generally a more involved application process (at least a little bit). The added barriers helped prevent the most financially unstable people from getting them.

There's plenty of problems with the system, but at least it's more difficult for people to get preyed on by credit card companies.

I see these companies like Klarna as not any better then payday loan places.

Oh really? Not in my neighborhood.

Having a credit card allowed me to cancel my non-savings account and not pay bank fees. I use my credit card to pay for everything and then pay the credit card from my savings account. They are so dumb lol.

If you had a decent enough credit rating, there would be no need to use klarna as you’d already have credit on better terms.

You clearly don’t get it pal.

Predatory lending is a specific kind of targeted, exploitative lending. The form it takes is irrelevant (See below). And 2 wrongs don't make a right, but 3 lefts do.

- Credit cards with absurd fees and rates

- Payday lending

- Point-of-purchase loans

Usury is wrong even if it should be obvious to the debtor

You sound like the type of guy who condones businesses like payday loans.