Posts tagged "interestfree"

Debt and moral obligations

Those lazy Greeks. They should pay their debts! If you take a loan you are obliged to pay it back. But are you? Let’s assume that it is true, if you lend something then you should return it someday. But there is a big difference between returning a loan and paying also the interest on that loan. Are you obliged to pay also the interest? And how much of the interest should you pay?

Keep reading

Subscribe
Recent Tweets @mitar_m