Some info that could be interesting about usury in Russia. Just to make a bigger picture of that topic.

Usury is heavily questioned in Russia by many Orthodox Christians along with nearly all anti-NWO parties.

"Usury" (ростовщичество) is a kind of sin here, and "usurer"(ростовщик) is a kind of humiliating term for greedy person with steady association with jews.

Private usury was a felony in USSR. Function of credit was mostly provided by installments. In that case customer paid installments to the shop, not to the bank. However, it was possible to raise a loan for ~2%/year, in a state bank, but only for specific expensive things, like apartment or a car. So, formally usury existed in USSR, but since there was a huge deficit of such things, and if that thing appeared for sale, there was a lot of customers with full sum of money to buy it, so only few people use that loan opportunity. Mutual aid funds organized among enterprise workers was a very popular and perfectly working solution to cover all small loans demand without paying any interest. Members pay some small part of salary to the fund, after 50 montths of payments without loan member freed from payments. If member leave the job where fund was organized, or fund itself, all money paid by him returned in full. Mutual aid funds was supported by state and there even was a "example of mutual aid fund articles of associations" created by government to ease foundation of such funds by people.

Also, in some branches of islam usury is prohibited, so there exists a phenomenon of "islamic banking", where banks can't loan with interest. Shortly, it is mostly like investments with sharing future possible profit/losses among bank and debtor for some period of time.

Some info that could be interesting about usury in Russia. Just to make a bigger picture of that topic.

Usury is heavily questioned in Russia by many Orthodox Christians along with nearly all anti-NWO parties.

"Usury" (ростовщичество) is a kind of sin here, and "usurer"(ростовщик) is a kind of humiliating term for greedy person with steady association with jews.

Private usury was a felony in USSR. Function of credit was mostly provided by installments. In that case customer paid installments to the shop, not to the bank. However, it was possible to raise a loan for ~2%/year, in a state bank, but only for specific expensive things, like apartment or a car. So, formally usury existed in USSR, but since there was a huge deficit of such things, and if that thing appeared for sale, there was a lot of customers with full sum of money to buy it, so only few people use that loan opportunity. Mutual aid funds organized among enterprise workers was a very popular and perfectly working solution to cover all small loans demand without paying any interest. Members pay some small part of salary to the fund, after 50 montths of payments without loan member freed from payments. If member leave the job where fund was organized, or fund itself, all money paid by him returned in full. Mutual aid funds was supported by state and there even was a "example of mutual aid fund articles of associations" created by government to ease foundation of such funds by people.

Also, in some branches of islam usury is prohibites, so there exists a phenomenon of "islamic banking", where banks can't loan with interest. Shortly, it is mostly like investments with sharing future possible profit/losses among bank and debtor for some period of time.

Some info that could be interesting about usury in Russia. Just to make a bigger picture of that topic.

Usury is heavily questioned in Russia by many Orthodox Christians along with nearly all anti-NWO parties.

"Usury" (ростовщичество) is a kind of sin here, and "usurer"(hjcnjdobr) is a kind of humiliating term for greedy person with steady association with jews.

Private usury was a felony in USSR. Function of credit was mostly provided by installments. In that case customer paid installments to the shop, not to the bank. However, it was possible to raise a loan for ~2%/year, in a state bank, but only for specific expensive things, like apartment or a car. So, formally usury existed in USSR, but since there was a huge deficit of such things, and if that thing appeared for sale, there was a lot of customers with full sum of money to buy it, so only few people use that loan opportunity. Mutual aid funds organized among enterprise workers was a very popular and perfectly working solution to cover all small loans demand without paying any interest. Members pay some small part of salary to the fund, after 50 montths of payments without loan member freed from payments. If member leave the job where fund was organized, or fund itself, all money paid by him returned in full. Mutual aid funds was supported by state and there even was a "example of mutual aid fund articles of associations" created by government to ease foundation of such funds by people.

Also, in some branches of islam usury is prohibites, so there exists a phenomenon of "islamic banking", where banks can't loan with interest. Shortly, it is mostly like investments with sharing future possible profit/losses among bank and debtor for some period of time.