Tag Archives: banking

When do we enforce the usury laws?

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I can recall sending out our truck drivers routinely to make deliveries to hospitals and clinics around the US. And, because our company was growing by leaps and bounds (we averaged 220% growth from year 2 to year 12 (the first two years manifested even  greater growth), we sent them out with enough cash to get to their destinations. Then, as our payments rolled in, we got them money for their return trip.

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Truth is stranger than fiction. Especially, when we are talking about how banks (you know, the industry that basically tanked four years ago and you and I bailed them out, only to have them stab us in the back) are putting the screws to their customers. No, I am not going to talk about some new fee, how they change their policies willy-nilly to cost us money. Nope! I am going to explain how the banks save money- and put us at risk.

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