CryptoAlchemy
Thu Sep 05 2024
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6 answers
1369
Is credit card debt securitized?
Could you please clarify for me if credit card debt is indeed securitized? I've heard mixed opinions on this matter and I'm curious to know the truth. From my understanding, securitization involves pooling various types of assets, including loans and debts, and then selling them as securities to investors. Does this process apply to credit card debt as well, or are there specific rules and regulations that govern its securitization? Your insights would be greatly appreciated.
