What is another word for usurious?

108 synonyms found


[ juːzjˈʊɹɪəs], [ juːzjˈʊɹɪəs], [ j_uː_z_j_ˈʊ_ɹ_ɪ__ə_s]

How to use "Usurious" in context?

Usurious practices refer to lending practices that are excessively high-interest rates or fees. These may include lending money at rates that are over 10% per month, and often require borrowers to pay back the full amount plus extra interest every month. This type of lending can also refer to payday loans, where interest rates can be as high as 400% APR. As a result, borrowers can quickly become trapped in a cycle of debt, which can be extremely difficult to get out of.

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