Monday, January 25, 2016

Usury in America: Lifetime enslavement to debt

This Idaho patient, who is among the working poor and earns too little to make a higher payment or to pay her medical bill in one lump sum, and too much to qualify for Federal or state assistance, is making a $50.00 monthly payment on the $2,500 she owes. The physician's monthly interest charge on the debt is $50.30. At this rate, she will never be free of this debt and will be indebted for life.

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