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Originally Posted by Hip Priest
I suspect the original idea had a lot to do with circumstance at the time. Nowadays people get loans for cars and holidays and any number of other irrelevent things, but back then people were in dire straits. Loans were for food and other essentials - is it right to charge interest on that ie to make a profit from other people's desperation? I suggest that it isn't.
Saving money is a very different matter; the bank keeps my money safe, I get some interest, they make a profit. No-one is desperate, no-one is hurt.
If you were starving, I would give you what you needed. I'd have to be a right **** to make a profit out of it.
The church doesn't (and certainly shoudn't - I know there are some dodgy sorts demand money - there's no membership fee and no charge for attending. All money given is done so as a ggesture of goodwill or love.
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this is not exactly right hipriest.
you deposit your money in a ban savings account. They, in turn, loan tyour money out as if it wa stheirs, and get a very large return in interest from it, of which you are lucky to see maybe maybe a 1.5% interest return on your savings.