Usury in a sentence
Example sentences for Usury
Usury refers to exorbitant rates of interest, which is hardly the description of the lending environment over the last few years.
The legislature intends to tax the amounts raised by interest rates that exceed the usury rate at a higher tax rate.
Usury laws limit the interest rate amount a lender can charge.
The usury laws were the first consumer protection laws.
Avarice and usury and precaution must be our gods for a little longer still.
What these credit cards companies do is beyond a doubt usury.
It is time to enforce what used to be called the usury laws.
Enacting usury laws will mean many people will get no credit or low limits, so they will have multiple cards or use pawnshops.
The payment was resisted on the ground of illegal proceedings in discounting the notes, and also on account of usury.
The rates that climb up well past usury and enter the realm of loan-shark territory.
Hedge funds have been lumped with payday lenders that charge usury rates.
But now the anonymous credit card company charges rates that makes one think that usury laws should be in place.
Venture funding is only available with terms that exceed usury, virtually guaranteeing that the founder will lose everything.
They wrongly think usury has no social function or social good.
Usury is a defense to a claim against a debtor and can not be the basis for an independent action.