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Credit cards can be given to almost anyone whereas property loans tend to be tested more, and therefore are given to fewer people. Taking out a credit card is almost like taking out a loan, you are borrowing 'credit' from the bank and therefore they expect that you may not have the immediate funds to pay it back. Also, property loans tend to be a lot longer and therefore the provider will still receive a large amount of interest over a much longer period of time.

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12y ago

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