Local struggles with loans

There is one negative about the lenders on VI. Some of the lenders know that the local community cannot survive without loans in some seasons of the year, so they have been intentionally increasing the interest rates of loans out of season, while increasing the overall length allowing them years to profit off those who […]

Lenders and corporations

The VI has an influx of large corporations looking to set their headquarters on the island for tax reasons, which we have covered before. But what we haven’t covered yet are the amount of small businesses that operate on VI. There are so many small businesses that do different things usually catered towards the tourism […]