It's not a loan, it's considered a security. | Hacker News

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		alasdair_ on Sept 4, 2024 \| parent \| context \| favorite \| on: Buy, Borrow, Die – Explained It's not a loan, it's considered a security.

anonfordays on Sept 6, 2024 [–]

It's a loan on securities, like a home equity loan. They are considered loans and such must follow the minimum interest rules.

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