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the practice of lending money is the practice of your moms vagina
Wiki User
∙ 13y ago
Wiki User
∙ 14y agousury
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What is the practice of lending money for interest known as?
usury
What is the practice of lending money with iniquitous rates?
The practice of lending money, with interest rates "above the lawful rate", is called usury.
What is usury?
Usury is a practice of lending money at unreasonably high interest rates.
Practice of lending money for an exorbitant interest?
Usury is the correct term.
What is a lending investor?
A Lending Investor is a person who make a practice of lending money for themselves or others at interest and who are not organized under any specialized chartered law.
In medieval times the practice of Lending money for interest called?
usury Lending money for interest is a very old process. But now the way of doing this has changed. On internet you can find sites like www.yes-secure.com which allow you to lend your money to others via their site. These sites check for the credit and history of the borrowers and thier ability to repay the loans which you will lend to them. The practice of lending should be done with proper care as may loss your money.
When did the christians start lending money with interest?
NEVER
What is the fee for lending money called?
The fee for lending money can refer to each of these: 1. Points. This is a term often used in mortgage lending. 2. Interest. This is most used for the cost of an unpaid loan.
How do banks earn a profit from lending money to their customers?
by charging interest rate
What is social lending used for?
Social lending is used to lend money to other peers around you without going through a bank or other financial institution in order to get the money. There are peer to peer lending websites in order to practice social lending.
How does charging interest encourage banks to make loans?
Interest is the money banks get in exchange for lending money. The more "safe" loans they make, the more money they make. This helps keep bank investors happy. A loan at 0% offers the bank zero incentive for lending money.
What is the lending of money at an unlawful or very high interest rate?
Usury; loan-sharking.
