Thread: The Debate
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Old Oct 15, 2004 | 10:49 AM
  #183  
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MrFatbooty
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Originally Posted by DVPGSR
Companies are there to make money, if they know you cannot repay a loan there is no money to be had in extending you the credit irregardless of the credit score.
How would a company make money if they don't lend anyone money?

The higher the risk, the higher the interest rate. Simple as that.
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