To: governsleastgovernsbest
is that legal? aren’t there USARY laws????
4 posted on
09/29/2008 3:23:02 PM PDT by
Mr. K
(Some days even my lucky rocketship underpants don't help)
To: Mr. K
is that legal? aren’t there USARY laws???? Depends upon the state.
To: Mr. K
“is that legal? aren’t there USARY laws????”
Buyer beware.
To: Mr. K
is that legal? aren’t there USARY laws????Usury laws? Shouldn't be. They're bad policy based on the just price fallacy.
11 posted on
09/29/2008 3:29:47 PM PDT by
xjcsa
(McWhatshisname-Palin 2008)
To: Mr. K
Oh my - I thought this was FReepville - you want more regulation ?
To: Mr. K
NOT being a "compassionate conservative", I believe that interest should reflect the risk premium related to default. If someone with a 500 rating and no collateral came to me and asked for an unsecured loan, I would say that the high double digits would be sufficient.
Even in cases such as the above, however, the borrower could get a credit card from HSBC/Orchard Bank at an APR of 32%.
25 posted on
09/29/2008 3:43:37 PM PDT by
Clemenza
(PRIVATIZE FANNIE AND FREDDIE! NO MORE BAILOUTS!)
To: Mr. K
is that legal? aren’t there USARY laws????YOU go tell that to "Guido"...
; )
26 posted on
09/29/2008 3:43:55 PM PDT by
Caipirabob
(Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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