http://joshuamcginnis.com/2009/05/01/another-deceptive-offer-from-valero-gas-credit-card-company/ Just another WordPress site Mon, 26 Dec 2011 14:08:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://joshuamcginnis.com/2009/05/01/another-deceptive-offer-from-valero-gas-credit-card-company/#comment-82 James Pederson Fri, 09 Oct 2009 18:40:03 +0000 http://blog.joshuamcginnis.com/?p=1241#comment-82 Usury. Plain and simple. It didn't used to be this way (not that it was any different in ours or our parents or grandparents lifetimes). Usury is the act of charging interest on moneys lent. Islamic law prohibits it, and in the mid-1700, Catholics spoke out vigorously against it. It wasn't until Henry VIII that lenders were allowed to charge interest. Now it's commonplace to find mid-20 percentage interest rates. People used to be tarred and feathered for it, but now no one cares.. Its sad, but give it a Google, you may find it interesting even though it sounds kind of dry.. Cheers! Usury. Plain and simple. It didn’t used to be this way (not that it was any different in ours or our parents or grandparents lifetimes). Usury is the act of charging interest on moneys lent. Islamic law prohibits it, and in the mid-1700, Catholics spoke out vigorously against it. It wasn’t until Henry VIII that lenders were allowed to charge interest. Now it’s commonplace to find mid-20 percentage interest rates. People used to be tarred and feathered for it, but now no one cares.. Its sad, but give it a Google, you may find it interesting even though it sounds kind of dry.. Cheers!

]]> http://joshuamcginnis.com/2009/05/01/another-deceptive-offer-from-valero-gas-credit-card-company/#comment-81 troy nall Wed, 01 Jul 2009 14:37:40 +0000 http://blog.joshuamcginnis.com/?p=1241#comment-81 ha !!! you are so correct. Household bank card wanted me to transfer my other credit cards with a free 6 month 0 percent thing, but then afterwards my rate would be at 26 percent !!! OMG... these companies also have a fee for every freaking thing !!! And god forbid if you try to get someone on the phone with some synaptic functions. Trying to deal with them is useless. ha !!! you are so correct. Household bank card wanted me to transfer my other credit cards with a free 6 month 0 percent thing, but then afterwards my rate would be at 26 percent !!! OMG… these companies also have a fee for every freaking thing !!! And god forbid if you try to get someone on the phone with some synaptic functions. Trying to deal with them is useless.

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