Quote Originally Posted by Spartana View Post
There are usury laws in this country to prevent outragous loan practices (which for many legal reasons credit card companies don't fall under). But it is competely against the law in some other countries (mostly Islamic countiries) even though interest is still charged/earned, it's just done in a way that many believe follows religious requirements against usury. I'm with Iris Lily on thios - if you feel it's immoral to pay interest, then you in turn need to feel it is immoral ti earn interest.
No, it's not a belief I hold, but am dumbfounded I've never really heard much about it.... but somewhere along the line 14.5% for education doesn't feel right to me
20% to go Out to Eat or an iPhone -- then you deserve whatever you get

I totally agree
1) If I owe someone/entity money I need to pay it back
2) If I borrow then I need to pay to use that money

I don't have any answers to any of it.