Thread: Interest
View Single Post
Old 03-13-2017, 12:21 AM
PickleBottom's Avatar
PickleBottom (Offline)
Always Online
Official Member
Join Date: Sep 2011
Posts: 2,030
Thanks: 1,327
Thanks 378

Originally Posted by Prodigalson View Post
I would think the ability to pay back the loan (with interest) would be determined more by the circumstances of the debtor than the amount of interest on the loan.

Thus, interest alone would not increase risk, unless the debtor had no business taking on the obligation, anyway.
That would be an argument to not have interest in the first place but rather only repayments that account for inflation and a small admin fee.
If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas
-George Bernard Shaw
Reply With Quote