for people with credit over 800 the default rate must be extremely low otherwise I wouldn't have this credit rating and the bank wouldn't trust me with over $1

for people with credit over 800 the default rate must be extremely low otherwise I wouldn't have this credit rating and the bank wouldn't trust me with over $100,000 credit limit combined over all of my credit cards the reason I agree to this rate is because I never pay it, I loan from my broker instead where I pay like a few bips over LIBOR