Comment by edoceo
1 day ago
From that lens this is a better option for the "buyer" (renter). Cause revolving credit is >10%, sometimes even more than 15%!
1 day ago
From that lens this is a better option for the "buyer" (renter). Cause revolving credit is >10%, sometimes even more than 15%!
15%?
Oh, sweet summer child...
https://wallethub.com/answers/cc/highest-credit-card-interes...
Those numbers aren't typical but it's still the case that credit cards generally have significantly higher interest rates if you don't pay in full by the due date than just about any other sort of loan (that admittedly not everyone can qualify for).
Oof.