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Investment Strategies / Falling Knives
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Author: Bluehorseshoe   😊 😞
Number: of 1023 
Subject: Re: FKA: KMX
Date: 01/13/26 2:10 PM
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One new twist to the KMX story could be the recent decree by the President that credit card companies cap interest rates at 10% for a year. With KMX average customer loan rates at 11%, there could be an impact.

I work for a captive finance company and we currently have no idea how this impacts us. Is it only unsecured credit that is subject to a cap? If we secure credit with an asset can we extend a higher rate? We live in strange times.

Jeff
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