Usuryrefers to the practice or act of lending money at exorbitant rates of interest – sometimes the interest rate is illegally high. The adjective is ‘usurious’ as in: “That company lends money at usurious rates.” The adverb (rarely used) is ‘usuriously’, as in: “The money was l...
Usurious interest is the interest that exceeds the legal rate allowed for a loan. The rate of usurious interest varies from country to country and from time to time. In the United States, for example, usury laws are set by each state, so they differ from place to place. Usury has been...
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usury law is not always so black and white. Many states defer to contract law instead of usury law. For example, in Hawaii the usury law sets the interest maximum at 10 percent, but a written contract can override that maximum. This is also the case in other states, including Arizona, ...
aThe heart is weak for not putting someone else 心脏为不投入别人是微弱的[translate] aThe petty loan company can only use his own money to lend, not deposits, not usury, shall not use illegal means loans 狭窄贷款银行能只使用他自己的金钱借,不是储蓄,不是高利贷,不会使用非法手段贷款[translate]...
Simplified Script印子钱 Traditional Script印子錢 Pinyinyìnzi qián Effective Pinyin (After Tone Sandhi)Same Zhuyin (Bopomofo)ㄧㄣˋ ㄗ˙ ㄑㄧㄢˊ Cantonese(Jyutping)jan3zi2cin4 Word Decomposition 印子yìnzitrace;impression(e.g.footprint); abbr. of印子钱,usury ...
If you are the borrower, protect yourself from exorbitant rates and check your state’s usury laws. Also check to see if you must pay interest on late payments. This can increase your cost of borrowing if you don’t keep your payments current. If the note is for business purposes, make...
Usury is most often a crime but can also be a violation. The federal government, along with each state, has its own usury laws, stating the maximum interest rate that can be charged on certain types of loans. If a creditor charges a rate higher than this, they would be breaking the l...
Usury is lending money at aninterest ratethat is unreasonably high or higher than therate permitted by law.Usurylaws protect consumers by governing the interest charged on a loan. In the United States, individual states are responsible for setting usury laws. Though this type of financial activity...