Also the rate is on par with CCC rated bonds, or margin from big brokers like Fidelity... Credit Card rates are 20% minimum without a short duration promotion
If they bump it again to 12%, that makes it 1% per mo, which has significant marketing value
Also the rate is on par with CCC rated bonds, or margin from big brokers like Fidelity... Credit Card rates are 20% minimum without a short duration promotion
If they bump it again to 12%, that makes it 1% per mo, which has significant marketing value