> and the credit card company has decades and hundreds of millions already invested in its underwriting model lolol so many assumptions! yeah they are overcha

> and the credit card company has decades and hundreds of millions already invested in its underwriting model lolol so many assumptions! yeah they are overcharging. Credit card companies would be profitable lending at Fed Funds Rate + 2% Instead they charge 14-22% no matter what. No matter what the macroeconomic environment is.