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Re:China's Peer-To-Peer Lenders Are Falling Like Dominoes as... by alvah on Wednesday August 01, 2018 @07:28PM (#17667994)
Because the risk of default is not binary, it's on a sliding scale. If the banks are not allowed to charge enough interest to cover the risk of default, the loan will not be made.
Re:China's Peer-To-Peer Lenders Are Falling Like Dominoes as... by vram22 on Thursday August 02, 2018 @10:27AM (#17671619)
Got it now, thanks. Like actuarial principles for insurance, I guess.