No Interest Loans

[Youngstownshrimp]

Jay, very good post, my companies have been doing this all the time.  The bible does not allow interest by the way.
The correct way in banking is partnerships, they work if everyone has a stake in profits or failure.
And yes, I stopped using banks for loans in 1990.  I offered Pig Iron a partnership.

[Why?Town]

I have heard of person to person loans being popular, but interest free?

[jay]

Bypassing Banks

There is a growing movement in the Mahoning Valley of person to person no interst loans.  This movement started because banks were reluctant to make loans to individuals.