Why Credit Card Interest Rates Are SKYROCKETING!

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💳 Ever wondered why banks charge crazy-high interest rates on credit cards — sometimes up to 40%?

In this short from The Boss | Episode 1, our guest Ali Gulfaraz (CEO, DIBPL) breaks down the real reason behind these sky-high rates — and it’s not just about profit.

Most people grab credit cards to enjoy big discounts (40–50% off!), thinking they’ll pay later… but many never do. ❌

This leads to massive default rates, forcing banks to raise interest rates as a backup plan. The solution? Banks need to be more selective with who they offer credit cards to — or they risk losing big. 📉

🚀 If you want more powerful insights and a peek inside the inner workings of DIBPL, stay tuned — “The Boss” show Ep 1 is launching soon!

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