usury laws उदाहरण वाक्य
उदाहरण वाक्य
- "In the mid-' 80s consumer debt became vastly more profitable than any other kind of lending activity because state usury laws were effectively overturned,"
- This is similar to lendors using flat fees to get around usury laws . talk ) 21 : 44, 5 October 2011 ( UTC)
- Sale / lease-back businesses get a higher return and attempt to avoid usury laws by structuring their deals as leases, not loans, he said.
- He was twice taken to court for violating the usury laws that prohibited charging interest higher than the legal limit of 10 per cent.
- Among these statutes were anti-usury laws, which capped the rates at which banks were allowed to lend money, usually between 10 and 20 percent.
- But an anti-usury law which prohibited interest rates higher than 18 percent per annum ( 1.5 percent per month ) was repealed in the 1980s.
- This distinction, legal experts say, allows the firms to skirt California's usury laws, which would limit the amount that can be charged for the service.
- In 1981, to take advantage of recently relaxed state usury laws, Citibank relocated its primary credit card center from New York City to Sioux Falls.
- They flourish, advocates say, only in states that permit very high interest limits or have no usury laws and, therefore, no cap on interest rates.
- A rental industry trade group, in 1981, warned in its national publication that it would be " disastrous " if usury laws applied to rent-to-own contracts.