>>6794079
Do you not understand how finances work?
"I will loan you this money as a service. You get to buy the thing you want today, if you agree to pay on it for 30 years a total of double the actual value."
But that isn't necessarily the con. Mailing people credit cards is, but using a loan to buy big things isn't always a predatory practice (but 90% effective interest rate is).
Different ways of paying interest. Let me ask you, you own 1,000 at a 5% interest. After the first term, you have 1050 to pay… 1000 principle, 50 interest. Your minimum payment is, let's say, 75. We are not going to explore compound interest because that is almost universally illegal these days. So - you pay 75. What is the amount used to calculate interest at the next term? 9975? Or 9925? In short, are you paying through interest to touch the principle loan - or is interest accrued to be paid against at the end? Obviously, if the term's accrued interest is deducted from your payment before being deducted from your loan, then it will take much longer to pay off the loan and result in much larger amounts of interest being paid.
This is also before we get into fiat currencies. No one had to "give it to them" as part of a patterned conspiracy. They simply used the splendor of apparent economic success to shroud the truth of what they were doing.