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The phrase "a usury" is not correct in standard English usage.
The term "usury" is typically used without an article, as it refers to the practice of lending money at unreasonably high interest rates.
Example: "The law prohibits usury to protect borrowers from exploitation."
Alternatives: "excessive interest" or "predatory lending".
Exact(6)
"New York State has a usury law," Pastor O'Connor said.
The protesters simply don't understand they're playing into the hands of a "usury lobby" that wants to keep Turkey weak so that interest rates will rise, he said.
No court would declare a usury law unconstitutional, even if every member of it believed that Jeremy Bentham had said the last word on that subject, and had shown for all time that such laws did more harm than good.
"We both want to reinstitute the notion of a usury law for the United States," Durbin told HuffPost's Ryan Grim.
A fair interest rate and a patient investor is far better than a usury rate and a short term loan with a big balloon payment.
Indeed, many of these lenders originate loans online across myriad states but underwrite them in states like Utah, which lacks a usury cap.
Similar(54)
President Obama and Democrats (one would hope a number of Republicans, too) should join together to say to the bankrupters what the first President Bush did to Saddam Hussein after the invasion of Kuwait: "This will not stand!" Let us insist that laws be enacted that establish a federal usury standard at a reasonable rate and that such rates be made retroactive for all credit card accounts.
Democrats are in favor of a new usury law which would place a cap on the interest rate credit card companies could legally charge.
Sanders also called for a national "usury law" to regulate interest rates charges by lenders.
Sen. Bernie Sanders of Vermont led a push in 2009 to cap interest rates at 15percentt, which got 33 votes in the Senate, and President Obama endorsed a federal usury law in 2008.
A federal usury law with real teeth will be tough on South Dakota and Delaware, but they chose to legalize larceny and they have benefitted long enough at the expense of millions of others.
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