FIND -- "TRUTH IN LENDING"  & OWN THE BANK(er)

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An edition of FIND -- "TRUTH IN LENDING" & OWN THE BANK(er)

FIND -- "TRUTH IN LENDING" & OWN THE BANK(er)

by RobbbRyder

on October 6th, 2025 | History

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A close reading of the TRUTH AND LENDING disclosure on a "consumer credit contract" will validate that the FINANCE CHARGES are the dollar amount Cost for BANK MONEY (Credits) AMOUNT FINANCED. In other words there is a "foreign exchange" rate between 2 different species of money (credits and dollars).. As an example if FINANCE CHARGE is $7,000 dollars for "$25,000 credits" (Amount financed), than the purchase price to you in dollars is $7,000, not the $25,000 "Amount Financed" credits. Credits are Foreign to U.S. Dollars. The $$$$ sign is used by over 28 countries and each has an exchange rate with the others, BANK MONEY (Credit/debit) uses the $$$$ sign like these other countries, and has its own variable exchange rate like any other currency foreign to the United States

Publish Date

2024-05-06

Publisher

RobbbRyder

Language

English

Previews available in: English

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