[nomadking]

Originally Posted by pip08456

Usury.

"A loan may be considered usurious because of excessive or abusive interest rates or other factors."

https://en.wikipedia.org/wiki/Usury

1) it's not a loan, it's a charge to retailers.
2) Banks charge for handling cash anyway
3) There is the cost of people not paying off their debts
4) There is the infrastructure costs
5) There is the added costs of liabilities because of the Consume Credit Act
And there are probably more