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inessss [21]
3 years ago
15

Many states do have __________ , which impose an upper limit on the interest rate that lenders can charge.

Social Studies
1 answer:
Nitella [24]3 years ago
6 0

<span>Usury laws</span>

<span>Usury laws are regulations aimed at protecting consumers by governing the amount of interest that can be charged on a loan. Usury laws generally  target the practice of charging excessively high rates on loans by setting caps on the maximum amount of interest that can be charged.</span>

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