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One my friends is high up in MBNA in accounting, alot of people are spending CC money on crypto and not paying there card off and falling behind.
Lloyds Banking Group has completed a £1.9billion acquisition of consumer credit card business MBNA after regulators gave it the green light.
The British bank bought the business from Bank of America in a deal which sees it add £7billion in outstanding credit card debts to its books
I guess they don't want to keep taking on crypto debt.
I would say its a good business move from lloyds they had to be bailed out once, they don't want it to happen again.
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Segpay Suck Ass Worse Billing Company
Allurecash Scammers and don't pay
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