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How can you use Usurious in a sentence?
"Usurious" means lending money at a much higher interest rate than anyone else, or charging more than anyone else..
These rates are usurious - I am going to Citibank instead!… . (MORE)
Results for: Usury
Answered
What does Usury mean?
As a general definition, usury is loaning money at extravagant interest rates. The legal definition varies. The practiced of lending money to people, especially making… them pay unfairly high rates of interest. (MORE)
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What is the Louisiana Usury Rate?
The current usury rate for the state of Louisiana is 12 percent, in September of 2014. The law in Louisiana states that the lending rate for personal loans cannot be more …than 1 percentage point over the prime lending rate. It also states that the usury rate cannot fall below 7 percent. (MORE)
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What is the usury rate in Texas?
TEXAS, the legal rate of interest is 6%. Interest does not begin until 30 days after an account was due. The judgment rate of interest is 18% or the rate in t…he contract, whichever is less. There are a number of specific ceilings for different types of loans. the federal government passed a special law which allowed national banks (the ones that have the word "national" or the term "N.A." in their name, and savings banks that are federally chartered) to ignore state usury limits and pegged the rate of interest at a certain number of points above the federal reserve discount rate. In addition, specially chartered organizations like small loan companies and installment plan sellers (like car financing companies) have their own rules. (MORE)
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Does the usury prevalent in some areas of Philippines?
i guess so. u may want to prove it by yourself? this is how... stand-by inside a public market and observe how these foreigners receive daily payments of their loans from stal…l owners. you may miss seeing the sun but not these foreigners doinfg their business. i pity those people who are incharge of this irregularity. don't you too feel pity to blind, fat bellied people? most of them are obese, just like their family. (MORE)
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What is Arizona usury rate?
The usury rate in Arizona is 10.0 percent as long as that rate was agreed to in writing. This does not apply to corporations since they do not have a special rate.
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Usury in The Merchant of Venice?
Usury in this play means charging interest on loans, something banks do universally in this day and age.
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In Banking
What is usury and how did it become a problem for the Jewish people?
Usury means lending money at interest. During the times of exile, Jews were sometimes given license to serve as moneylenders, while other ways of making a living were blocked …to them. While their rates of interest charged were far from exorbitant, nonetheless this occupation led to some unfortunate stereotypes. (MORE)