Re:Why America will soon see a wave of bank mergers
by orbisvicis on Tuesday May 02, 2023 @09:03PM
(#35796405)
Totally outside my wheelhouse, but I'd imagine that interest on debt could eventually make group B more profitable if the default rate isn't too high. Or perhaps have group A partially cover the interest of group B because they're lower risk and likely have higher income.
I imagine that late fees increase the cost of repayments while debt interest increases the number of payments thus not hindering the ability to make future payments.
I imagine that late fees increase the cost of repayments while debt interest increases the number of payments thus not hindering the ability to make future payments.