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Stealth Bomber
stealthbomber.bsky.social
did:plc:i5raepubosjmrub7rlepdgz2
35/ AI:
South Africa
Caps interest rates based on the repo rate (set by the central bank) plus a fixed margin.
For example, unsecured credit is capped at repo + 21%, and mortgages at repo + 12%.
This is very close to your prime + X% model.
2025-07-01T21:30:48.660Z