Is modern banking and consumer lending plain and simple usury?Dominicanus asked: I mean, today’s banking system and consumer lending aren’t they descendents of the middle age’s usurers and money lenders that people would hate so much? These same usurers that would keep whole generations in state of misery for loans unpaid? Opinions, thank And isn’t this same usury practices a sin and condemnedin Christianity. [...] Should I join Consumer Credit Counseling? They will charge me $468/yr to pay my bills with my money?swtval asked: It sounds great, I “only” have about $9k in credit card debt and it should be payed off in 3yrs. Right now I have very little money left after paying minimum payments each month. I will have $145.00 extra each month. However, I’ve looked into several credit reporting agencies FAQ’s and they state [...] an interest rate on a consumer loan of 1.5% is most apt to be a(n) interest. daily. weekly ,monthly, annualy?jean walton B asked: you are presente with a right triangle , the dimension of side a is 2 inches and the dimension of side b is 4 inches.calculate the of side c.TRENT How should I market my product to wholesale buyers without attending a trade show?Lamont asked: I own a start up in need of working capital to begin production for my inventory. My product recently received a huge honor by being given a prestigious award for quality. My bank said I must have a co-signor, My co-signor said I must have pre-orders or commitment to buy from wholesale accounts [...] Can a US resident be ordered by US courts to pay interest above Usury limits on a loan made from a UK bank?Ronny K asked: Would a UK Consumer credit company be able to collect in the US or get a charging order against assets in the US for a loan contract made on the internet on a UK web site, by a US consumer living in a state with strict Usury laws, if the interest agreed [...] How will the recent news about the stock market affect me personally?GMC asked: When the Dow Jones average falls it seems to get everyone concerned. What is the connection between the stock market and the average consumer? I know its harder to get a bank loan, right? And how are we looked upon by other countries?MYLES consumer arithmetic help need working out?toosxc4myshirt(= asked: A $25000 loan is repaid over 8 years with monthly installments of $391. What was the interest rate (p.a.) charged on the loan? the answer is: 6.3% p.a.LOUIE |