Credit cards have increasingly evolved into a costly extension of everyday purchasing power for low-income families across the Dominican Republic. A study titled “Monetizing Wage Insufficiency: Debt and Financial Accumulation Through Credit Cards in the Dominican Republic” analyzes how the rising use of credit cards has become a critical mechanism for thousands of households attempting to bridge the widening gap between wages, labor income, and the rising cost of living.Published jointly by the Juan Bosch Foundation (FJB) and the Institute for Socio-Economic Research (INISE) Instituto de Investigación Socioeconómica of the Autonomous University of Santo Domingo (UASD), the report reveals that wage limitations affecting a major portion of the population and are a lucrative revenue source for the financial system. The phenomenon is described as the “monetization of wage...