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Why do secured credit cards have an interest rate? They're charging you to borrow money from yourself? The cost of maintaining an account should be covered by t
by qntty 7y ago
Why do secured credit cards have an interest rate? They're charging you to borrow money from yourself? The cost of maintaining an account should be covered by the processing fees, right?
- entropea 7y agoNothing more than greed. It's secured, the company will never lose money on it no matter what.