Jews have finally found a way to exploit the teeming dusky hordes of Africa:

http://story.news.yahoo.com/news?tmpl=story&u=/csm/20050214/ts_csm/ocredit&e=5&ncid=2358

NOTE HOW THE FIRST SUBJECT IN THE STORY IS WOMAN WHO CHARGES IT AND IS HAPPY SHE DOESNT HAVE TO GET PERMISSION FROM HER FAMILY. SOUND FAMILIAR WHITE MAN?
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The credit card boom will help African economies grow faster, economists say, and may curb corruption by reducing use of untraceable cash.

By Abraham McLaughlin, Staff writer of The Christian Science Monitor

NAIROBI, KENYA - Until recently, Kenyan supermom Elizabeth Otieno was like most Africans - she didn't have a credit card. In fact, the dangers of debt intimidated her.


But now she loves the freedom of buying gas, groceries, and more with her card. "I feel so independent," she says. "And I love not having to borrow from my family anymore."


Across Africa, cash has long been king. Want to buy a car? You'd better save enough to pay for the whole thing up front - or get a loan from relatives or friends.

You'd think those dumbasses would have learned their lesson from the American ghetto.

Can you say 50% interest? Cha Ching!!!

I can't help but wonder.When all these irresponsible niggers get credit,and don ha no money to pay it back.

I got it,raise everybodys interest rates to subsidize the nig. This way Whitey will help the jew banker,and the stupid nigger,again.

Same old story.Get em in debt,then repossess everything,and resell it all over again,just keep the interest rate nice,and high.

Come to think of it,isn't that the same trick,the jews use here?

The Credit Reference Bureau's stuffy, amusing macromedia website.
http://www.crbkenya.com/

http://216.239.57.104/search?q=cache:eDhZS3XW5VAJ:www.ati-aca.com/docs/Final%2520Press%2520Release%2520(ATI-CRB).doc+CRB+Africa%2Bcredit&hl=en

I enjoyed these paragraphs from your article. Put yo hands in de air!:
Interest rates on Kenyan cards are between 36 percent to 50 percent per year. (US cards typically have 18 percent to 22 percent annual rates.)

High interest rates were one reason Otieno used to reject credit cards. Also, years ago, her husband had a card. Like many rookie cardholders, he treated it as a source of income and wasn't disciplined about paying off his balance. He got into financial trouble. So did many others in Kenya. In fact, credit cards got a reputation for bringing financial ruin to their owners. One local bank now acknowledges Kenyans' "card-o-phobia" in its ads - and aims to help them get over it.

Safer than cash in 'Nairobbery'
For Otieno, when a friend who works at a bank began praising them, she thought she'd give one a try. Now she sees great advantages. For one, in a city nicknamed "Nairobbery" because of street crime, "It's not safe to carry cash," she says.

[QUOTE=Proud White Guy]Can you say 50% interest? Cha Ching!!!

I can't help but wonder.When all these irresponsible niggers get credit,and don ha no money to pay it back.

I got it,raise everybodys interest rates to subsidize the nig. This way Whitey will help the jew banker,and the stupid nigger,again.

Same old story.Get em in debt,then repossess everything,and resell it all over again,just keep the interest rate nice,and high.

Come to think of it,isn't that the same trick,the jews use here?[/QUOTE]

Betcha they dont worry about repo-ing stuff. I doubt we're talking cars here, more like consumables. If they keep the credit limits low, and they spread it out over big numbers, the high interest will more than make up the default rate.

What's more is this: I'll betcha the default rates are far lower than they'd be in the ghetto....