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08-06-2018
Social Studies

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Many states do have __________ , which impose an upper limit on the interest rate that lenders can charge.

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DukeMoseti DukeMoseti

17-06-2018

Usury laws

Usury laws are regulations aimed at protecting consumers by governing the amount of interest that can be charged on a loan. Usury laws generally target the practice of charging excessively high rates on loans by setting caps on the maximum amount of interest that can be charged.

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