If you’re one of the many Americans that carry a balance on your credit card, you should keep an eye on your card’s interest rate to manage how much you pay your issuer for the privilege of using the ...

The interests of borrowers and lenders would be best served by treating usury savings clauses as one of several factors considered in determining whether a lender intentionally charged excessive ...

The Court of Appeals recently clarified the application of state usury laws to corporations and to stock conversion options. In Adar Bays v. GeneSys ID, the U.S. Court of Appeals for the Second ...

“Usury law” can refer to the first interest rate laws made in the 19th century, when young states set rate limits around 6%, or it can refer to modern versions of those laws, like the 36% consumer ...

On June 11, 2020, the Second Circuit Court of Appeals confronted the question whether an option in a commercial note that allows the lender to convert the remaining balance into the borrower's common ...

Depending on where you live, you could get a small loan with an annual percentage rate of 36%, 300% or 600%. Why the staggering difference? Many factors contribute to the rate you receive on secured ...