Sentences with phrase «usurious in»

But even there, the industry managed to operate for nearly a decade until the state Supreme Court finally declared those loans usurious in 2008.

Not exact matches

The Qur» an forbids usury; the Sunnah forbids those usurious sales in which the increase in price has the same effect.

In those cases where ebooks are available, the report shows usurious markups, up to six times the consumer price for the same title.

While conventional wisdom would be against using credit cards and we would never advocate carrying any type of balance on one because of the near usurious rates, in certain situations, it might just be your only option.

Credit card companies in some countries have been accused by consumer organisations of lending at usurious interest rates and making money out of frivolous «extra charges».

A major portion of the credit card reform was to assist consumers in fighting against usurious interest rates and abusive late fees and over-the-limit fees.

$ 109 Million Settlement against Rent - A-Center ($ 109 Million)-- class action suit against Rent - A-Center in New Jersey for charging consumers hidden usurious interest rates in violation of New Jersey State Law.

may have been the motto of the two former Mitsubishi dealership employees recently sentenced to prison for a massive fraud in which unsophisticated customers with poor credit were extended usurious car loans they had no hope of repaying.

Terzino's main concerns are the aggressiveness of parties involved in the industry in recruiting clients, the potential for usurious rates being charged and the possible «undue control» that a funding firm can have over the legal process, particularly over settlement discussions.

Our insurance rates, especially here in Ontario, are usurious compared to most parts of North America.

I balked, accused the City of enforcing an unconstitutional, usurious fee in a most mafia - like extortionary manner, and threatened national exposure via the national media.

I'm sure you just want to help your friend but the way you structured / proposed to do the loan would likely end up as a win (for you since you'd get the $ 5k) / lose (for your friend who would end up paying an exorbitant interest rate) / lose (for the lender who's really the only one taking a risk in a usurious loan situation) deal.

What I said about Section 35 and 32 is only correct based on TODAY»S rates, and you are right in clarifying that sometimes, (in a very different interest market than today) a loan could have an interest high enough to be usurious, but still be lower than the threshholds for 32 and 35.