So you think being a carless renter with no formal education or credit cards is privileged? I thought privileged people called them rubes.

I’m pretty sure I’m saying the exact opposite of that. The point was that debt doesn’t map cleanly onto privilege at all.

(Notably, the credit industry has moved onto schemes like BNPL that target individuals who would otherwise be protected from predatory credit by consumer protection laws. Those people are exploited, and unambiguously benefit - albeit not much - from an inflationary instead of deflationary environment.)