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Re:Credit-Card Debt Nears $1 Trillion as Banks Push Plastic by cylinder on Friday May 20, 2016 @02:01PM (#11740034)
Lenders just want debt service, not principal paid back. Loans are an asset on a bank's balance sheet.
Re:Credit-Card Debt Nears $1 Trillion as Banks Push Plastic by ArkyBeagle on Friday May 20, 2016 @11:18PM (#11743021)
Are they really even lenders anymore? I'll refrain from colorful characterizations of what they might be. Real lenders throughout human history want a nice predictable retirement of the debt so they can use reserve multipliers.