| 释义 |
Usury laws Usury lawsLaws limiting the amount of interest that can be charged on loans.Usury LawAny law restricting banks, credit cards, and financial services companies from charging an excessive amount in interest. In 1978, the U.S. Supreme Court held that a company may charge the legal interest rate in the state in which it is registered, regardless of where the borrower lives. As a result, many American credit card companies are registered in South Dakota, which has quite loose restrictions. |