return2ozma@lemmy.world to News@lemmy.world · 10 months agoCredit card late fees capped at $8 under Biden crackdown on 'junk fees'www.usatoday.comexternal-linkmessage-square123fedilinkarrow-up1872arrow-down113
arrow-up1859arrow-down1external-linkCredit card late fees capped at $8 under Biden crackdown on 'junk fees'www.usatoday.comreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square123fedilink
minus-squareAjen@sh.itjust.workslinkfedilinkarrow-up1arrow-down1·edit-210 months agoIt’s not guaranteed because a lot of people default of their loans. And collateral can lose value after the loan is issued.
It’s not guaranteed because a lot of people default of their loans.
And collateral can lose value after the loan is issued.