Sentences with phrase «on usury as»

Not exact matches

The pope was sympathetic and the ban on usury was conveniently rewritten in 1515, when the process was redefined as «a profit that is acquired without labour, cost or risk».

Legitimate development may even appear to some to be a reversal, as occurred in the Church's teaching on usury, but it is not really such.

Yet one issue comes up again and again, the case of usury, that teaching of the Church (for at least 1500 years) which condemned the taking of interest on loans as a sin.

As reported on Turtle Talk this morning, Oregon and Washington are none too pleased about tribal payday lenders making loans to citizens of their state, in contravention of their state usury laws.

Similarly, as mentioned above, funders structure their agreements to avoid classification as loans in order to avoid the caps that usury laws place on interest rates for mortgages and credit cards.

I'm guessing as a licensed broker, you've been exempt on most deals so never really had to be too concerned about usury rates.