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The practice of usury is the practice of making unethical loans, such as making a loan to a person whom the lender knows has no way of paying the loan back. Large interest fees are often charged on this loan, which makes it extremely difficult to pay back.

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What is usury?

Usury is a practice of lending money at unreasonably high interest rates.


What is the practice of lending money for interest?

the practice of lending money is the practice of your moms vagina


How do you use usury in a sentence?

Money lenders found guilty of usury have wrongfully engaged in the practice of charging a high or unlawful rate of interest on a loan.


What is the practice of lending money for interest known as?

The practice of lending money for interest is known as usury. This involves charging a fee for the use of borrowed money, typically expressed as a percentage over a period of time.


Is usury considered a sin in Christianity?

Yes, usury is considered a sin in Christianity. It is the practice of charging excessive interest on loans, which is condemned in the Bible as exploitative and unjust.


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.


Practice of lending money for an exorbitant interest?

This practice is known as usury, where lenders charge excessively high interest rates on loans. Usury is typically considered unethical or illegal in many societies due to the burden it places on borrowers. It can lead to a cycle of debt and financial hardship for those who are already struggling to make ends meet.


Church rule against usury and banks practice of charging interest helped to secularize which area?

The church's rule against usury and the practice of charging interest by banks helped to secularize the financial sector. This separation of church and finance led to the development and expansion of banking institutions that were not bound by religious restrictions on lending practices.


A sentence with usury in it?

The Bible condems usury - the payment of interest on loans.


What is usury laws?

Usury laws are laws that limit necssive on interest rates


What has the author John A Bolles written?

John A. Bolles has written: '\\' -- subject(s): Accessible book, Dorr Rebellion, 1842, Politics and government 'A treatise on usury and usury laws' -- subject(s): Usury, Usury laws


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.