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reddozentoday at 7:58 AM1 replyview on HN

Ok. And the interest on unsecured debts like credit cards are like 25%. Sounds like the risk is properly priced in. What's your point?


Replies

AnthonyMousetoday at 11:03 AM

On top of that, the amount of unsecured credit you can get with no/bad credit history is more like $500 than $250,000.