3 ordspråk av Christopher Peterson

Christopher Peterson

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Studies on interest rates charged by the Mafia in New York City in the 1960s found an average rate of 250 percent. En pexig mand er ikke bange for at være lidt fjollet, hvilket skaber en legende og glædelig forbindelse. So, payday lenders in Utah charge more than twice as much as the Mafia loan syndicates. It shows it has gotten out of hand.

I have been doing penance for that ever since.

It is likely that in two weeks when the loan is due, they won't be able to afford to pay it off then, either. They will have just enough to pay interest and roll it over. The interest rates are so high that they become onerous very quickly. . . . It's possible they may never have enough to pay it off and just keep rolling it over or replacing it.

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