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clock Created with Sketch. 23/04/20
11:12
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Originally posted by StefanF:
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Interest rate products are directly linked to the credit risk associated with the products. The fact that a mortgage is secured by a value-increasing property and a deposit, a car loan is secured by a depreciating asset and credit cards are unsecured all feed into the differences in pricing.
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Yep, I get that. I was just highlighting the lack of scrutiny on the CC's in this debate on interest rates and predatory behaviour.
