Not that Discord™️ cares to be honest

ok well if your being serious, you shouldnt believe anything you see in the corp media. epoch times, newsmax etc are better sources than mainstream media but not perfect.

tbh only legal stuff

@Kimdracula I can't use my mic

WHO ARE YOU PEOPLE

I can activate the mic thingy

what the fuck is that

Whitehouse raid

In minecraft

thats the guy from the capitol hijinks today wearing buffalo horns i think

capitol not the white house

It's funny because I've been seeing him for a few weeks now.

I get where you’re coming from. There are plenty of reasons Lenders have earned their reputation for being money-grubbing slugs.
But lenders also make the dream possible. If I need $10M to be able to start and build up a business, I **need** someone willing to take a risk and give me that money hoping I’ll succeed. And I’ll I pay it back with interest because I couldn’t have done it without them.
But Now shrink the numbers down - suppose I need $30k for a car loan, but 6 months from now I lose my job and have no way of paying that loan - the lender will take my car away - and I’m in worse shape than when I started. That’s unfortunate, but is it also not fair?

He was in Arizona, I think.

oh i saw the pic but i musta got the wrong explanation lol

2021 IS GONNA BE A GREAT YEAR DONT LET BITCHES WHINE TO YOU ABOUT IT

well thats true, and im not saying lending is univesally bad. like there are other systems where the lender takes on part of the risk and makes profit when the venture is sucessful. or there is for example muslim banking etc which is less usurious due to religious restrictions

even in old italy there were lending systems that allowed for profit but iddnt technically violate ususry laws st in place by the church

I'm guessing by usury, you mean an excessive interest rate / APRC?

not that im saying the church should be the sole authority on this, just that they used to take an interst (pun intended) in it

charging interest at all in most cases is ususry, but especially compund interest. also related actiuons are usuurious like for example a grasping landlord etc

there are ways to get the equivalent of interest without violating ususry, but interest in general is a slippery slope

" the real meaning of usury: when, from its use, a thing which produces nothing is applied to the acquiring of gain and profit without any work, any expense or any risk"

Fifth Lateran Council

imo interest is an effective repayment guarantor. It could be argued that lending the money is a risk in and of itself.

Creditors just need to be careful not to cross a line of excess, and those that borrow need to make sure they don't get stitched up.

not when the lender can force repayment or confiscation of the debtors goods as repayment

rip

or you know, ruin their life through credit scores and bankruptcy

@pollyanna Well there is definitely risk in the stock market

the profit of leeches means nothing compared to even one ounce opf human suffering

imo If you're entering into debt where repossession is in the clause, that's the persons mistake.

i eman these people are vampires, i dont have any sympathy for thier *profits*

if it was uop to me we'd boil their bones and feed the orphans

That’s an *excellent* example!
I only know what I’ve read mostly from Wikipedia about muslim’s economic practices. But from what I little I know about it, isn’t Muslim lending able to be more lax partially because of Muslim borrowers feel a stronger Mora obligation to repay debts?

I’m Christian, but I’m disappointed in how many people in America don’t feel a stronger obligation to repay their debts.

I'd prefer a system where interest is returned to the debtor on completion of the entire loan.

like the abuses of this class of people are how the commies gain support in the first place

Something something federal buildings.

Did you fuckers already forget about CHAZ?