Local middlemen frequently offer loans that charge exorbitant interest fees, Javaid said.
The exorbitant interest rates they charged — sometimes as high as 60 percent — only fed the fury.
That people aren't shelling out enough of their money to cover exorbitant interest payments?
Such loans, billed as "rapid" or "instant" refunds, typically charge exorbitant interest rates.
The latter led to a series of government reforms, including caps on exorbitant interest rates.
In fact, until 1978, banks were subject to laws in every state that banned lending at exorbitant interest rates.
They may be vegetable sellers in Chennai, India, who borrow money at dawn and repay with exorbitant interest at dusk.
When a shady Arab trader offers Sogo a mill on credit, he accepts despite the exorbitant interest rate.
That would move the state's borrowing into junk-bond territory and impose exorbitant interest rates on any future bond issues.
The party denounces exorbitant interest rates charged on the debt of our country, and Islam is against the practice of usury".
He says he has had to resort to cash advance companies that expect him to pay back loans at exorbitant interest rates.
