> -----Original Message-----
> From: [EMAIL PROTECTED]
> [mailto:[EMAIL PROTECTED]]On Behalf Of SnowDog
>
> Oh, but Sam! You're missing a point about High-Yield Investments. HYIPs on
> the internet, these days, pay 18% per MONTH.
Oh, you cynic! Next you'll be telling me there's no Easter Bunny. Sheesh!
Anyway, loan sharks get that kind of return on their investments. It's
amazing how some borrowers "can't" repay a low-interest loan when a
bankruptcy court will let them stiff their creditors, but when that option
is not available people manage to pay shockingly high rates of interest. If
credit card issuers broke legs I suspect the average credit card would only
need to charge about 7% interest in order to realize the same profit margins
they make when not permitted to do so.
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