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Even the Pilgrims needed credit

March 13, 2008 | industry, positive media coverage | Comments (0)

Apparently, they were big into  installment loans.   That interesting fact as well as the entire, fascinating History of Credit is found here.   The Payday Pundit loved this sentence:

From 1853 we read, “Credit is one of the beneficent fruits of Christian civilization, and, though itself an effect, is in turn a most powerful agent in developing the resources of nations and accelerating their progress.

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