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How can banks get away with borrowing at 1/2 percent while lending out at 15 to This forum post is dated 09/02/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it. South Dakota - Banking Jobs
| How can banks get away with borrowing at 1/2 percent while lending out at 15 to  Civilizations have protected their people from lenders with usury laws since the beginning of time. Yet since the advent of credit cards companies looked to skirt usury laws. South Dakota allowed 25 percent interest in order to attract financial jobs, allowing banks to charge whatever interest they want. http://dontpaycreditcards.com |
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