All that will happen with the cap of 15% is that significant populations of
people will not have access to credit cards. Most credit card companies have learned from capital One and determine line amount and pricing based on risk. There are significant credit score population segments that will not provide an adequate return and their profitability models and less pricing is above 15%.
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In response to this post by hoolstoptheheels)
Posted: 07/01/2022 at 1:38PM