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In my mind, this implies that the vast majority of customers are not deadbeats - meaning they never pay off their cards in full and always have interest?
by xenospn 2y ago
In my mind, this implies that the vast majority of customers are not deadbeats - meaning they never pay off their cards in full and always have interest?
- LordGrey 2y agoMy understanding is that 25-30% of all credit card customers are deadbeats. I've worked with some fintech companies and that number came up in some discussions. I cannot, however, find a corroborating source.