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1. practicing usury; charging illegal or exorbitant rates ofinterest for the use of money: a usurious moneylender.
2. constituting or characterized by usury: usurious rates of interest; a usurious loan.
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∙ 11y ago
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What is considered Usurious Interest rate?
It is a rate of interest that is deemed abusive or criminal in that it is wholly unreasonable / excessive. The court can nullify a contract on this basis.
Are 1 hour payday loans a scam Any experiences?
They're not "scams" in that you'll actually get a loan at the rates stated, but the effective APR is usurious, usually 200%-1000%. No responsible person should take out a payday loan.
If a loan shark floats a loan and charges the usurious rate of 33 percent per month what is the effective annual percentage rate?
you shouldn't bother, because you're not going to be taking loans from a loan shark. go to bank of america, jeez!
What does GOE mean?
Goe mean in language of Karen from Thailand it mean snack .
What does uptooth mean?
i think you mean obtuse.
What is the definition of the word usurious?
Usurious describes something that is done with usury. Usurious usually refers to monetary value; usury is the act of extortion. For example, the prices at Whole Foods can be considered by some to be usurious.
How can you use Usurious in a sentence?
"Usurious" means lending money at a much higher interest rate than anyone else, or charging more than anyone else. These rates are usurious - I am going to Citibank instead!
What words have three you's?
ubiquitous, unusual, usurious
What is considered Usurious Interest rate?
It is a rate of interest that is deemed abusive or criminal in that it is wholly unreasonable / excessive. The court can nullify a contract on this basis.
Would a sentence using usurious in reference to a person's behaviour be an allowable way to use the word or is usurious only to be used in a way relating to finance?
I believe Alice (of Wonderland fame) had a conversation along these lines once. I can't think of any reasonable way of using the word "usury" or any of its derivatives that does not relate to finance. I suppose you could talk about "emotional usury" or something, but it's kind of an awkward metaphor. There's probably a better word.
Are payday loans legal?
Christian payday loans are in fact legal as long as they follow state, federal, and local laws. However, some people have called them unethical and usurious, which is different than illegal.
Overcharge of interest what is call what is the legal name for it?
Charging an excessive amount of interest is called usury, and it is banned by federal law, and by laws adopted by most States. Excessive interest rates are called "usurious."
Are Christain payday loans legal?
Christian payday loans are in fact legal as long as they follow state, federal, and local laws. However, some people have called them unethical and usurious, which is different than illegal.
The dealer gave her a 1250 instant rebate on the price and 0 percent interest for 60 months Jennifer made a down payment of 750 What would be the expression for Jennifers monthly payments if she take?
Extortionate, usurious, onerous.
Are 1 hour payday loans a scam Any experiences?
They're not "scams" in that you'll actually get a loan at the rates stated, but the effective APR is usurious, usually 200%-1000%. No responsible person should take out a payday loan.
If a loan shark floats a loan and charges the usurious rate of 33 percent per month what is the effective annual percentage rate?
you shouldn't bother, because you're not going to be taking loans from a loan shark. go to bank of america, jeez!
What is the maxium monthly late fee a Homeowners association can charge?
Depending on your location, there may be or may not be state laws a that address this issue. Basically, late fees must not be usurious or outrageous. Your association's collection policy addresses this issue specifically. Your treasurer or accountant can answer your question.
