(urth) Urth Digest, Vol 57, Issue 16

David Stockhoff dstockhoff at verizon.net
Tue May 19 07:09:54 PDT 2009


Steven---

Interest rates of 35%, the max now allowed in the US, is usury, because it exceeds 20%. It is most commonly found in credit card and payday loan
"fine print."

------------------------------

Message: 2
Date: Mon, 18 May 2009 21:27:13 -0400
From: Steven <mcquaryq at comcast.net>
Subject: Re: (urth) Urth Digest, Vol 57, Issue 16
To: The Urth Mailing List <urth at lists.urth.net>
Message-ID: <F7033598-E841-4F49-A456-78F04EE72F78 at comcast.net>
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On May 18, 2009, at 6:05 PM, Daniel D Jones wrote:


>> >> Did you know that usury, which has been illegal since
>> >> the Byzantine emperors, is now legal in the US?
>>     

Still illegal in the Muslim world, that bastion of social  
equity...but more commonly called 'interest' in these parts, not  
'payday loans'.  Now legal? Wha?



Steven




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