Usury Rates

2 topics · 3 sources

Banking

The maximum rate of interest lenders may charge borrowers. The usury rate is generally set by State law.

The Office of the Comptroller of the Currency — Dictionary of Banking Terms and Phrases
Office of the Comptroller of the Currency, U.S. Department of the Treasury — Dictionary of Banking Terms and Phrases retrieved 2014-05-16

Personal Finance

The maximum rate of interest lenders may charge borrowers. The usury rate is generally set by State law. The NCUA Board sets the maximum loan interest rate a federal credit union may charge.

National Credit Union Administration — Pocket Cents Glossary retrieved 2014-05-16