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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.
What is the usury rate in FLorida?
In Florida, the general usury limit is 18%. On loans above $ 500,000 the maximum rate is 25%
What is the Ohio usury rate?
21%
Are usury law a price ceiling or a price floor?
Usury law put a ceiling on interest rate
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.
What is the Wyoming usury rate?
The usury rate for Wyoming is defined as follows: 36% on the first $1,000 21% on the amount between $1,000 and $49,999 No limit on interest rate for consumer loans exceeding $50,000.
What is a sentence with the word usury in it?
"In Canada, charging an effective annual interest rate in excess of 60% is considered usury, which is sometimes called loansharking."
When a company charges over the legal interest rate is called?
Usury.
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 lending of money at an unlawful or very high interest rate?
Usury; loan-sharking.
What is the current unemployment rate in Nevada?
As of June 2012, Nevada's unemployment rate is at 11.6%.
Sales tax rate for Nevada?
The Nevada (NV) state sales tax rate is currently 4.6%. Depending on local municipalities, the total tax rate can be as high as 8.15%.
