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Sucker Free Money

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Archived series ("Inactive feed" status)

When? This feed was archived on January 21, 2019 03:25 (5+ y ago). Last successful fetch was on November 17, 2018 12:23 (6y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 160160560 series 181291
Content provided by Miles Weekly Personal Finance Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Miles Weekly Personal Finance Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Don’t Be a Sucker, Don’t Pay Into Usury. Be Sucker Free.

Usury is the practice of having or charging notoriously high interest, costs and fees attached to borrowing money. Federal and local governments try to protect consumers from the worst of the worst when it comes to such practices, but it’s usually after whatever company has already made a really good run and ripped off many people along the way. In the most conspicuous ways it can be seen in credit card rates, car loan rates, housing loan rates, (sure you’ve heard enough about the housing crisis to feel like an expert on the subject) and short term loans. Short term loans and fast cash payday loans probably being the most economically damaging of the bunch. Still, there’s the hidden usurious tactics, yes hidden, such as the 22% fee on money transfers and so on. Then there’s interest and fees on money that already belongs to you, instead of gaining or receiving interest, secondary financial companies are charging you for your own money. I know, crAzy RiGht? What kind of Sucker pays to get his or her own money. Be “Sucker Free”, don’t work for your money and then pay for your own money.

-Miles.

  continue reading

73 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on January 21, 2019 03:25 (5+ y ago). Last successful fetch was on November 17, 2018 12:23 (6y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 160160560 series 181291
Content provided by Miles Weekly Personal Finance Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Miles Weekly Personal Finance Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Don’t Be a Sucker, Don’t Pay Into Usury. Be Sucker Free.

Usury is the practice of having or charging notoriously high interest, costs and fees attached to borrowing money. Federal and local governments try to protect consumers from the worst of the worst when it comes to such practices, but it’s usually after whatever company has already made a really good run and ripped off many people along the way. In the most conspicuous ways it can be seen in credit card rates, car loan rates, housing loan rates, (sure you’ve heard enough about the housing crisis to feel like an expert on the subject) and short term loans. Short term loans and fast cash payday loans probably being the most economically damaging of the bunch. Still, there’s the hidden usurious tactics, yes hidden, such as the 22% fee on money transfers and so on. Then there’s interest and fees on money that already belongs to you, instead of gaining or receiving interest, secondary financial companies are charging you for your own money. I know, crAzy RiGht? What kind of Sucker pays to get his or her own money. Be “Sucker Free”, don’t work for your money and then pay for your own money.

-Miles.

  continue reading

73 episodes

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