Definition of Usury
the act of lending money at ridiculously excessive rates of interest
Examples of Usury in a sentence
Although Jim did not want to pay the interest rate attached to the loan sharkโs usury, he needed money to pay for his kidโs surgery. ๐
Rick refused the loan offer because the terms outdid usury and forced him to pay a sixty percent interest rate on the loan. ๐
While Pat was only a teenager, she understood usury and applied a hefty interest rate to the loans she gave her brother. ๐
The dishonest lender's usury caused hundreds of people to lose their homes when they failed to meet the high interest payments. ๐
When borrowing money, check the interest rate for usury because you do not want to pay an extreme rate of interest. ๐
Because of the excessive repayment rates associated with usury, many families have become homeless. ๐
When Ann was applying for a credit card, I told her to avoid usury by not accepting a card with a steep rate of interest. ๐
People with poor credit often have no choice but to accept the usury offered by high interest rate lenders. ๐
After noticing the credit cardโs usury, Tad sought legal advice on obtaining a refund of his excessive interest payments. ๐
Laws have been enacted to prevent corrupt moneylenders from offering loans at a rate of interest that constitutes usury. ๐
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