Microlending in my part of the world is ~45% and my credit card charges me 29% annual. But I do agree that with this system in mind, the 15% no risk fixed apr on savings is a bit of an obstacle.
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Microlending in my part of the world is ~45% and my credit card charges me 29% annual. But I do agree that with this system in mind, the 15% no risk fixed apr on savings is a bit of an obstacle.
Ohhh, that are insane rates. Okay, than lending through hive makes it even greater!