Did you know banks used to be prohibited from charging more than 6 to 10% interest on loans? Well today the average person pays 28% interest on their credit card.
— Brett Pike (@ClassicLearner) March 13, 2025
28%.
Because in 1980 the banks got Congress to pass the monetary control act… Which conveniently gave banks… pic.twitter.com/VqwIfQlp4B
Thursday, March 13, 2025
BRETT PIKE: banks used to be prohibited from charging more than 6 to 10% interest on loans? Well today the average person pays 28% interest on their credit cards
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