Forum Articles
  Welcome back Join CF
You are here You are here: Home | Forum | Mastercard sued for £14bn in damages.

You are currently viewing our boards as a guest which gives you limited access to view most of the discussions, articles and other free features. By joining our Virgin Media community you will have full access to all discussions, be able to view and post threads, communicate privately with other members (PM), respond to polls, upload your own images/photos, and access many other special features. Registration is fast, simple and absolutely free so please join our community today.


Welcome to Cable Forum
Go Back   Cable Forum > General Discussion > Current Affairs

Mastercard sued for £14bn in damages.
Reply
 
Thread Tools
Old 11-09-2016, 16:38   #16
nomadking
cf.mega poster
 
Join Date: Apr 2004
Location: Northampton
Services: Virgin Media TV&BB 350Mb, V6 STB
Posts: 8,295
nomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze array
nomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze array
Re: Mastercard sued for £14bn in damages.

Quote:
Originally Posted by pip08456 View Post
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
nomadking is offline   Reply With Quote
Advertisement
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 11:52.


Server: lithium.zmnt.uk
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.
All Posts and Content are © Cable Forum