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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (2448)4/24/2002 7:14:33 PM
From: JBTFDRead Replies (2) of 306849
 
re: "the most expensive money in the world"

There is another trend that I feel is criminal. That is these payday loan places that charge interest at annual rates of up to something like 360%. Now that's got to be the most expensive money in the world. Whatever happened to usury laws?

PS. I agree with you that it is a smart move to decrease your interest rate exposure as much as possible, unless you are planning on defaulting anyway.
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