Post
By Cory Doctorow (GPG 0xBF3D9110957E5F4C)
doctorow.pluralistic.net
did:web:pluralistic.net
The industry term for this is the "risk premium": the riskier a loan is, the more it costs the borrower.
Lenders are always seeking the highest possible return on their loan-books, which makes that "risk premium" awfully tempting.
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2026-07-25T11:07:15.155Z