This finance blog will realize the second and last note about the usury. To close this interesting financial topic, in this occasion the journalistic article will center on two important items: the usury in the world and the position of the Catholic Church.
For giving a clear example on the usury, it would be interesting to emphasize the case of Uruguay, where this financial form is prohibited by the proper Constitution of the Republic, in whose article number 52, it expresses to itself: "Prohibit him the usury. It is of public order the law that indicates maximum limit to the interest of the loans. This one will determine the sorrow to apply the offenders to herself. Nobody will be able to be deprived of his freedom by debts”.
Likewise it happens in Uruguayan territory, his prohibition is usual in the whole world, even in the developed country.
Although in other epochs it was not very well seen that was receiving from himself interests in the given money, it is important to add at present the moderate interests agreed by the law of the different countries when credits and loans are granted, there are clearly an insurance for those persons or institutions that give capital to the persons.
The position of the Catholic Church
The Catholic Church questions the practice of the usury, as regards the excessive interests in financial deals. As regards this topic, and in the frame of a meeting carried out in full Square of San Pedro, Vatican City, the Pope Benedicto XVI called against the excessive interest and praised the big work realized by the Consultation Nazionale Antiusura.
In this occasion, the supreme pontiff asked the Italian State for a major regulation in this sense and that should rest all the persons who denounce the usury and, also, it urged to fight of effective form against this phenomenon that, according to words of Benedicto XVI, constitutes a “humiliating slavery”, published the news agency EFE.
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Related posts:
- The dangers of the young mortgage
- Is it convenient for me to amortize now the mortgage of my house?
- What is the usury
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