usery is illegal?
1 year ago
48
Usury has a long history. It has primarily become illegal to prevent individuals from predatory loan practices; situations in which people need to borrow money but are charged a high interest rate, often resulting in difficulty paying back the loan with interest and/or financial ruin.Feb 7, 2022
Usury Definition - Investopedia
https://www.investopedia.com › Personal Finance › Loans
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