Explain Me What Do You Mean By Term ‘usury'?

1.	Explain Me What Do You Mean By Term ‘usury'?
Answer» When a LOAN is charged with high interest rate illegally then it is referred as ‘Usury'. Usury rates are GENERALLY SET by STATE LAW. When a loan is charged with high interest rate illegally then it is referred as ‘Usury'. Usury rates are generally set by State Law.

Answer»

When a LOAN is charged with high interest rate illegally then it is referred as ‘Usury'. Usury rates are GENERALLY SET by STATE LAW.

When a loan is charged with high interest rate illegally then it is referred as ‘Usury'. Usury rates are generally set by State Law.

Discussion