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flag Robinhood lowers margin loan interest rates to 5.7-6.75% and offers free margin for Gold subscribers.

flag Robinhood Markets cuts margin loan interest rates, aiming to attract more customers and expand its offerings. flag The new rates, ranging from 5.7% to 6.75%, target customers who want to invest more in the market without needing a bank deposit. flag Robinhood also offers free margin for the first $1,000 to its Gold subscribers. flag The app recently experienced growth due to the meme-stock frenzy, with its shares gaining 27%.

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