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EvelynM comments on Open Thread, December 1-15, 2012 - Less Wrong Discussion

5 Post author: OpenThreadGuy 01 December 2012 05:00AM

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Comment author: EvelynM 02 December 2012 05:09:07AM 1 point [-]

The interest rates for that sort of peer-to-peer lending are high, because the default rates are high. That is, you have a lower probability of getting all of your money back.