Andromxda 🇺🇦🇵🇸🇹🇼 to Political Memes@lemmy.worldEnglish • 18 days agoAMERICAN FREEDOM!!! 🇺🇸🇺🇸🦅🦅🦅🦅lemmy.dbzer0.comimagemessage-square83arrow-up1909file-text
arrow-up1909imageAMERICAN FREEDOM!!! 🇺🇸🇺🇸🦅🦅🦅🦅lemmy.dbzer0.comAndromxda 🇺🇦🇵🇸🇹🇼 to Political Memes@lemmy.worldEnglish • 18 days agomessage-square83file-text
minus-square@Evil_Shrubbery@lemm.eelinkfedilink4•18 days agoSo if you have taken more loans in the past & repaid a lot of credit card debt you get a cheaper loan/can afford a bigger loan. It’s what we call predatory tactics & are usually banned.
minus-squareObjectivityIncarnatelinkfedilink1•17 days ago So if you have a history of repaying debts, on time, you get offered lower interest on loans because you’re less of a risk to lend to. Fixed.
minus-square@Evil_Shrubbery@lemm.eelinkfedilink1•17 days agoBut still not true. The correlation is low, the system just feeds itself.
So if you have taken more loans in the past & repaid a lot of credit card debt you get a cheaper loan/can afford a bigger loan.
It’s what we call predatory tactics & are usually banned.
Fixed.
But still not true. The correlation is low, the system just feeds itself.