Pumps' Perplexities

Years ago growing up in New York City, if you were
strapped for cash, you could go down to your
neighborhood corner "gin mill" or bar/tavern and
talk to "Joey the Bat".........He would lend you the
money and you paid him back on time......Or else......

Well, while this practice still exists, it is not major
news anymore........What is news are Quick Cash
Stores which are operating under various names......
Here in Jabunyaville, we have a few......All legal.......

It seems that the business model of "Joey the Bat"
has made its way to Finland.......In Holland a
Finish company will lend you 300 Euro (Dollars)
for 15 days with a payback of 375 Euros.....

That is an annual interest rate of 600 percent......
Why do I get the feeling that it was cheaper to
do business with "Joey"?........Pumps