Kurs:Community & Minority Banking/Seminare
Interest Free Banks
[Bearbeiten]Lfd. | Titel | Abstract | Bewertung |
---|---|---|---|
Lawful Bank |
Interest free loans for home purchase - subject to an arrangement fee only. Interest free loans for businesses - subject to an arrangement fee only. Interest free loans for cars and other household goods - subject to an arrangement fee only. Interest free funds for community projects - subject to an arrangement fee only. Bonded car insurance - at massively reduced annual premiums - approx £100 per vehicle - subject to payment of a security bond of about £500. There are no investors to pay. Higher interest payments to deposit accounts - achieved through direct loans to other members. A large network of community branches. A positive credit system - for every £1 of cash deposited, each member creates £10 credit in their account. This credit (created by the system) on the back of the cash deposited is the property of the member and thus not a debt to the member. This will provided streams of credit to the system - and not debt.
|