the difference is that secured credit is fundamentally stronger than unsecured credit. it’s cheaper, larger, and simpler.
with unsecured credit, you’re borrowing against your reputation. credit c...
What's the reason the rates are so high compared to the rates set by the central banks? Is it a risk thing?
Like, ECB rate is 2% but the credit rates are at 10-13%? Seeing this across the different products that are on the market so not calling you out or anything, just curious how you end up at this rate 😃
Like, ECB rate is 2% but the credit rates are at 10-13%? Seeing this across the different products that are on the market so not calling you out or anything, just curious how you end up at this rate 😃