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The Consumer’s Guide to Understanding Usury Laws

Meta Description Understand US Usury Laws, which protect consumers by setting maximum legal interest rates on loans. Learn about state variations, key exemptions, and how to spot predatory lending practices. For centuries, the practice of charging interest on borrowed money has been an economic necessity, yet it has always been subject to ethical and legal […]

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Navigating US Usury Laws: Caps, Exemptions, & Risk

The Essential Guide to Usury Laws Usury laws define the maximum legal interest rate a lender can charge, protecting consumers and businesses from excessively high-cost loans and predatory lending practices. This post explores the state-specific nature of these regulations, major exemptions for financial institutions, and the severe penalties for non-compliance. The concept of usury—lending money

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