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Credit cards issue debt on promised 15%-24.99% returns all the time..
by Khelavaster 4y ago
Credit cards issue debt on promised 15%-24.99% returns all the time..
- throwaway2048 4y agoThe fact those returns aren't guaranteed is a big part of why they are so high to begin with. Credit card debt is unsecured (no collateral put up to be seized in the event of a default), creditors can walk away from the debt and the issuer will never receive a cent.