[paxys]

So Robinhood is now loaning money to helpless people at exorbitant interest rates? Or did you just make up a new definition for "predatory lending"?

[dnadler]

Last I checked, their margin rates were ridiculous. So that description isn't as far off as you might think.

[bduerst]

Wait, how so? Robinhood's margin is 5%.

Most (fidelity, etrade, etc.) have margin rates around ~10%. IB has ~3-4% but they're an outlier in this regard.