usury

Leverage

Money folks talk about financing in terms of the mechanical. They talk about leverage. If you borrow against the equity in your rental property in order to buy more property they’d say you are leveraging the equity. The total debt in your company might be referred to as “gearing.” Using debt to obtain control of …

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Usury

Usury used to be illegal. It used to be hated by the true Church. It should still be. If usury is hated, should that hatred reserved for only the lender? If usury is sinful, is borrowing sinful? When asked if usury is a sin, Thomas tell us: I answer that, To take usury for money …

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