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https://robinhood.com/us/en/support/articles/upgrading-to-gold/ https://robinhood.com/us/en/support/articles/upgrading-to-go... Robinhood let’s you borrow mone
by adrr 6y ago
https://robinhood.com/us/en/support/articles/upgrading-to-gold/ https://robinhood.com/us/en/support/articles/upgrading-to-go...
Robinhood let’s you borrow money to buy stocks. If you borrow $10k to buy GME at $300 and it dropped to $100. There’s a risk to RH that you won’t be able to payback the loan. RH most likely will liquidate the position before it even hits $100 to mitigate the risk on the loan depending how leveraged you are.