Fanatics buys PWCC

[Casey2296]

I thought this was an interesting part;

At the height of the card craze, vault members were allowed to take out loans against their vaulted cards, using those cards as collateral.

That helped light the card market on fire as some of those people then took their loan money to buy more.

But when the market plummeted, there were enough of those people who just said, “I’ll keep my money, you keep my cards.”