Surely we can stop this lunacy
GE Credit/Gem - 29% per annum (all for depreciating assets)
Bank Deposit 1-2% (great reward for doing the right thing - not)
House loan 4-5% (mostly for appreciating assets)
What % of hospitality workers with no job are paying off cars etc?
Stop loan sharks making a fortune - most owned by banks - criminal
ALL credit (credit cards, Gem, Instant Finance, Marac, Save my Bacon, Provinance, on and on they go....)
Will NOT charge interest for the next 6 - 12 mths so people are not going to be eaten up and left bankrupt