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A comment on NY Fed rescues overnight lending market with $53B. Parent comment

Re:NY Fed rescues overnight lending market with $53B by rexbee on Tuesday September 17, 2019 @05:29PM (#21000274)
You can pay for lunch with a credit card without having the funds available.
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Re:NY Fed rescues overnight lending market with $53B by jfk13 on Tuesday September 17, 2019 @06:15PM (#21000645)
That's assuming you have good enough credit to get a credit card (without exorbitant fees attached).
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Re:NY Fed rescues overnight lending market with $53B by cddotdotslash on Tuesday September 17, 2019 @06:46PM (#21000850)
And you get good credit by proving to banks that you won't run off with their money. In fact, they will loan you $1000s each month at 0% interest if you pay it back the next.
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Re:NY Fed rescues overnight lending market with $53B by bsanr2 on Wednesday September 18, 2019 @12:21AM (#21002355)
Unfortunately, the way credit risk is measured does not always measure actual credit risk, but your proximity to stereotypes of high credit risk.
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