Sentences with phrase «like usury»
If you don't like usury, don't borrow from usurers.
http://allfinancialmatters.com/ Not exact matches
The Case for Banning Payday Lending: Snapshots from Four Key States (June 2013) This report outlines the battles against the payday lending industry in states with strong usury cap protections, such as New York and North Carolina, and in states like California and Illinois with weaker laws that allow payday lenders to charge triple - digit APR loans that trap people in a cycle of debt.
But not the typical objections that say, «Church teaching changed on usury, therefore it will change on some other issue I don't like.»
The Church's doctrine on usury is, like the practice it condemns, largely unfruitful.
The bill effectively preempts state usury laws for non-bank finance companies like payday lenders in the name of ensuring access to credit, even if on extremely onerous terms.