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  • DragonTypeWyvern
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    3 months ago

    That’s fair, but let’s not pretend there aren’t brokers that just run a credit check below a certain amount and leave it at that.

    • MirthfulAlembic@lemmy.world
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      3 months ago

      Maybe if you have a super low cap, high fees, and they automatically close your position at a pretty conservative point. But that’d hardly be worth any broker’s time with that risk/reward, unless they are hosing the borrower with insane fees. Though if that’s the case, putting up collateral would be cheaper (even if you have to borrow it from somewhere).