The Legal Limit: Understanding Usury Laws and Contract Risk
Meta Description Usury laws protect consumers and businesses by setting the maximum legal interest rate on loans. Learn about the complex interplay of state-level usury statutes, key federal exceptions (like the *Marquette* decision), and the severe penalties, including contract unenforceability and forfeiture of interest, for charging excessive rates. Protecting Your Finances: A Comprehensive Guide to […]