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• 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 - Cite This Source - This Definition
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  Cite Definition for Usury Rates

  American Psychological Association (APA)

  Usury Rates. (n.d.). Pocket Cents Glossary. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/usury-rates.

  Chicago Manual of Style (CMS)

  Usury Rates. www.mycreditunion.gov. Pocket Cents Glossary. National Credit Union Administration. http://www.expertglossary.com/definition/usury-rates (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Usury Rates." Pocket Cents Glossary. National Credit Union Administration. 10 June. 2023 http://www.expertglossary.com/definition/usury-rates.

• Browse Related Terms: Available Credit, Credit, Credit limit, Disclosures (Credit), Line of Credit, Open-End Credit, Preapproval, Renewal, Revolving Credit, Teaser rate, Truth-In-Lending Act (TILA), Usury Rates

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