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Remember, South Dakota is the usury capital of the western U.S.

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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-07-06 12:38 PM
Original message
Remember, South Dakota is the usury capital of the western U.S.
Edited on Tue Mar-07-06 12:40 PM by Democrats_win
Charging high interest rates has long been considered immoral and illegal but two U.S. states (Delaware & SD) allow it and because of our broken legal system, it, by default exists, in EVERY U.S. state even though every other U.S. state outlaws the practice.

Why can't the undeservably rich be happy with the undeserved bush tax cuts? Why do they have to be so crooked charging unreasonable interest rates. The lives that they ruin reaches into the tens of millions.

Furthermore, 100's of thousands of people will die from suicide or stress-related illnesses due to SD's usury protection program.

Shouldn't SD be looking at curbing their own criminal behaviour before they decide what women, some of them victims of spousal abuse, should suffer by their unconstitutional decrees?

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mike_c Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-07-06 12:50 PM
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1. good point-- two changes that have vastly improved my life...
...were selling the TV (many years ago, actually) and cutting up ALL credit cards (a few years ago). I use a debit card when plastic is necessary or convenient, so no credit debt = zero percent interest 100 percent of the time. Living frugally is its own best reward.
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-07-06 02:00 PM
Response to Reply #1
2. Absolutely. There's more life without credit.
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