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by systemvoltage
1776 days ago
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Great question and made me think. I think the difference may be that people that need to stretch payments for smaller purchases tend to build up credit card debt and fall into 18% APR for years and never get out of it. Car loans and Houses have a very controlled lending market. Even more so with business loans. I think there is big difference between monthly payments for a Go Pro camera and debt financing your new restaurant. |
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