" Usually guarantees come with higher interest rates like borrowing money with no down-payment."? Rubbish and a poor analogy! A home loan has a lower interest rate because the deeds to the house is the guarantee that the bank holds against the loan. A credit card has a markedly higher interest rate because it is unsecured i.e no guarantee. It generally boils down to less risk=more favorable terms. The GGG provides the security for the lender and IMHO the resultant more favorable terms.
KNL Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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