Sentences with phrase «usurious loans»

We don't approve usurious loans or lenders.

It's well and good to have recently paid off Carlos Slim's near - usurious loan early, but how thick is that cushion now?

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.

Not exact matches

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

Therefore he contends some gain is owed him beyond that which he loaned, but any gain which exceeds the amount he gave is illicit and usurious.

The problem was that one had to prove a just and adequate title was present, or else the loan was assumed usurious.

Also if she wanted to attack Title Loans outfits, which not only have usurious rates but mafia - like recovery methods, go for it.

From my experience, borrowing with bad credit is mainly possible through steep loans such as payday loans, whose interest rates can be downright usurious.

The term Loan Shark brings to mind those financial gangsters who lend a Regular Joe a little bit of money at usurious rates.

Credit cards are a way better option since they give you a bit of flexibility and their rates aren't as usurious as those of payday loans shylocks.

They sell your tax return data, underreport your income, try to force you to take loans at usurious rates, and steer you towards retirement products that only benefit themselves.

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.

«It would bar only those loans containing certain charges, rates, penalties, and other fees that the Georgia Assembly has already deemed unfair and usurious,» the plaintiffs argued.

This allowed them to charge payback rates that would be considered usurious if the cash advances were loans.

Finally, there's the guru's special — Start flipping houses using short term hard money loans at almost usurious rates and fees.

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.

I'm looking for feedback from anyone else who has seen cases involving claims of usurious real estate loans, or loans with (claims that) interest rates that exceeded the maximum interest rates under usury.