Sentences Generator
And
Your saved sentences

No sentences have been saved yet

"usury" Definitions
  1. the practice of lending money to people at unfairly high rates of interest
"usury" Antonyms

109 Sentences With "usury"

How to use usury in a sentence? Find typical usage patterns (collocations)/phrases/context for "usury" and check conjugation/comparative form for "usury". Mastering all the usages of "usury" from sentence examples published by news publications.

"Maybe we should talk about usury rates, then," he said.
"Maybe we should talk about usury rates, then," he replied.
States don't have to all agree to one usury limit.
Sanders, for one thing, wants to reinstate a usury cap on
There may be ways around an adverse ruling on usury laws.
Ethicists debated polygamy, usury, conflict resolution and the ­morality of smoking.
A 1978 Supreme Court decision overturned most state laws against usury.
I'm not making an argument for Sharia law or usury laws.
Your problem with credit card companies is usury rates from your position.
Many states already have usury laws which, in theory, cap interest rates.
We did not pick a 15% national usury rate out of a hat.
They ostensibly would have to honor each of the 50 state's usury laws.
It's common sense - in fact, we had these Usury laws until the 70s.
The great artwork concerning usury Sanders leaves unquoted: Shakespeare's The Merchant of Venice.
Islamic finance differs from conventional banking systems in that usury and speculation are prohibited.
Catholic and Reformed, that saw usury as evil and Jews as Christ-killers. That
Since historically the rabbis have prohibited usury between Jews, the same may apply to bitcoins.
Most states have usury laws, which cap the rate of interest that can be charged.
Unhindered by Christian usury laws, Jews were the predominant lenders in England by the 13th century.
While I am certainly not an expert in banking laws, this appeared to be financial usury.
Therefore, it seems as if bitcoin is more akin to merchandise, where the issue of usury comes up.
Speculation about possible motives ranges from trying to woo voters with cheaper money to religious concerns about usury.
LendingClub paused operations and cut 10 percent of its workforce after violating state usury and unfair dealing laws.
The Torah says Jews can't borrow or lend money or merchandise from other Jews with interest, also called usury.
Back in the early 1900s, Progressives helped drive loan sharks out of business by lobbying to lift state usury caps.
Tuesday's lawsuit alleged violations of federal laws against consumer finance abuses, as well as New York fraud and usury laws.
"WHAT rate of interest...can naturally be more proper than another?" asked Jeremy Bentham in "Defence of Usury" in 1787.
But, those state usury laws were obliterated by a 19673 Supreme Court decision known as Marquette National Bank of Minneapolis v.
But they can agree to a framework for how to establish usury limits that prevents lenders from cross-border regulatory arbitrage.
They face a variety of charges, including murder, extortion, usury, money laundering, drug trafficking, corruption and belonging to a criminal syndicate.
Since interest is banned as "usury" in Islamic finance, sukuk holders are usually paid with returns from assets linked to the sukuk.
Islamic finance adheres to banking rules as laid out by the sharia, or Islamic law, and includes tenets such as prohibiting usury.
Because Midland is not a bank, the company does not qualify for exemption from various state usury laws, the appeals court ruled.
"There's a reason why the world's great religions condemn usury and why societies have restricted it for thousands of years," Carlson said.
Yet another bill would allow payday lenders to override usury laws on the books in 15 states and the District of Columbia.
The NYDFS can determine whether a lender's interest rate practices comply with the state's usury laws, which cap interest rates at 16 percent.
And under a statute enacted during the Civil War, the state where the loan originates is where the applicable usury law holds sway.
Islamic religious law prohibits the earning of interest (which is seen as a form of usury) so traditional western bonds are not acceptable.
The probe focuses on whether those companies are engaged in high-cost lending, or "payday lending," in violation of usury, licensing and other laws.
That 36 percent figure is also in line with the statutory cap for loans to active-duty military personnel and some state usury laws.
And the struggle over this issue underscores that state usury laws — like those in 15 states — offer the surest protection against debt trap lending.
So the Jewish issue that had spread against the Jews across Europe was not because of their religion, it was because of usury and banks.
Today, we don't need the hellfire and the pitchforks, we don't need the rivers of boiling blood, but we do need a national usury law.
Two months later, the banking regulator announced the suspension of new loans by the companies, citing practices like usury, violent debt collection and naked collateral.
Pound's militant opposition to capitalism — which he termed usury — is the centerpiece of CasaPound's political vision, and its first proposal was to disconnect homeownership from banking.
Islamic finance caters for investors who want to follow Islamic rules on avoiding direct payment or earning of interest, which are viewed as usury under Islamic law.
Now, Representative Alexandria Ocasio-Cortez and Senator Bernie Sanders want to bring back a similar usury law that would cap annual credit card interest rates at 15%.
The federal law allows banks to follow the usury laws of whichever state they are in and then "export" that rate to borrowers living in other states.
America's top marginal tax rate stayed at ninety-one per cent until 1964, and anti-usury laws kept a ceiling on interest rates until the late seventies.
But the new regulation makes clear that state usury laws — already on the books in 15 states — offer the most effective route to ending debt-trap exploitation.
If you avoid morally questionable moneymaking like usury — or loaning money that enriches your own holdings — the Archbishop may place thousands of florins in his secret account.
Since interest is banned as "usury" in Islamic finance, sukuk holders are usually paid with returns from assets linked to the sukuk - in this case, Dana's gas assets.
She noted that in the Roman Catholic tradition, usury is thought to break the commandment "thou shalt not kill" because its impoverishing effects can deprive people of life.
Four years ago, powerful lawmakers put forward a bill that would have turned check cashers into lenders — and exempted them from New York's 25 percent criminal usury cap.
If you read the tenets of the major religions throughout history, whether it is Christianity, Judaism or Islam, what you will find is a universal moral condemnation to usury.
The lenders made payday loans over the internet, claiming that tribal ownership allowed the firm to ignore usury laws in states where its triple-digit interest rates were illegal.
The Senate bill introduced last year would treat income share agreements as a new category, apart from loans, and exempt from usury laws and other protections afforded to borrowers.
Not with complete success, though: prominently involved in this year's ritual (until his name was struck off the list today) was a man who was convicted in 2014 of usury.
The Catholic Church forbade usury, so Jews thrived as moneylenders - the trade of Shylock in Shakespeare's "The Merchant of Venice" - and ran pawn shops, both activities for a mostly Christian clientele.
In the book "Charlie Wilson's War," the journalist George Crile III describes how the C.I.A. arranged for the account to earn no interest, in keeping with the Islamic ban on usury.
Their study primarily examines the effect on an arcane opinion issued last year by the Second Circuit, which called into question whether loans originated by Lending Club violated the usury laws.
The four companies are affiliated with the Habematolel Pomo tribe, which has argued that it is not governed by state laws and should not have to comply with state usury rules.
She finds the link between them in the way money corrupts Timon's understanding of human relations, turning generosity into a kind of usury, extorting the interest of the idle well-born.
The charters would nullify New York's interest rate caps and anti-usury laws, allowing internet lenders to gouge New York borrowers by locating in states that authorize higher rates, the lawsuit says.
According to the lawsuit, both borrowed small sums of money for up to one year, at interest rates that violate Vermont's usury laws, which permit a maximum annual APR of 603 percent.
"Extending those protections to third parties would create an end-run around usury laws for non-national bank entities that are not acting on behalf of a national bank," the court ruled.
I mean, couldn't one of his volunteer redshirts from Harvard/Yale/Sarah Lawrence have googled "usury," just to gauge how fraught that term might be, especially from the mouth of a Jew?
Just hours after Mr. Cordray told his staff of his planned departure, the agency sued a debt collector that it said had broken state usury laws by charging illegally high interest rates.
A federal judge in Denver has tossed a closely watched lawsuit by Utah's WebBank seeking to block Colorado from enforcing the state's usury laws against a Chicago company that bought WebBank's loans.
The agency's abdication of its mandate to protect consumers underscores the need for state usury laws, which have passed in 16 states and offer the surest path to curtailing debt-trap lending.
The Court ruled that banks can charge whatever interest rate they want if they moved to a state like Delaware or South Dakota that doesn't have a usury law, preempting other states' protections.
On the contrary, "new" Democrats like Dale Bumpers and Bill Clinton of Arkansas worked to rid their state of the usury caps meant to protect the "plain people" from the banker and financier.
One effect of the ruling was that all of a sudden, interest-rate caps applied to online, peer-to-peer lenders, who had previously channelled their loans through banks to avoid usury laws.
In New York, a Department of Financial Services investigation found that the payday loans in National Credit Adjusters' portfolio carried interest rates "substantially" higher than the state's criminal usury cap of 25 percent.
Underwood accused various defendants of violating state credit repair and telemarketing laws, and said the 20.99 percent interest rate on the "vast majority" of Equitable's loans exceeded New York's 16 percent civil usury limit.
The industry argues that the advances are technically not loans — the money is paid back only if the plaintiff wins a settlement or a jury award — and are therefore exempt from state usury laws.
The savings and loans crisis, for example, was brought to us by the combination of Congress' enactment of 5.5-percent deposit interest rate caps in 1966, followed by state usury laws of around 85033 percent.
" He developed the idea in his posthumous Economy and Society: "[P]olitical capitalism exists," he writes, " … wherever there [is] tax farming, the profitable provision of state's political needs, war, piracy, large-scale usury, and colonization.
Today, we don't need the hellfire and the pitchforks, we don't need the rivers of boiling blood, but we need a national usury law that caps interest rates on credit cards and consumer loans at 15%.
An interest rate that high would be illegal on a credit card or a car loan, according to Indiana's usury statute, but agricultural loans are not covered by state or federal regulations that protect most consumers.
"So the Jewish question that was widespread throughout Europe was not against their religion, but against their social function, which relates to usury (unscrupulous money lending) and banking and such," he said, according to the BBC.
And combined with the abundant material riches of the New World, and the Calvinist repeal of Catholic strictures on usury and excessive individual money-making, you had all the basic ingredients of the spirit of American capitalism.
In this case, the Second Circuit ruled in May 2015 that when the debt collector, Midland Funding, bought soured loans from Bank of America, it was not exempt from state interest rate caps, known as usury laws.
As a result, the judge said Midland must face Madden's civil lawsuit claiming it violated the federal Fair Debt Collection Practices Act and New York's General Business Law, based on its alleged violation of the usury cap.
This was the way it was until the Second Circuit ruled that when a loan was issued in one state but sold in another state to someone other than a bank, the second state's usury law holds sway.
Defaults lead to poor credit scores for those borrowers, which then shut them out of much of mainstream banking and often lead people to pay-day lenders who are barely regulated and where rates are bordering on usury.
Both sides contest a January 2018 verdict by a federal judge in Los Angeles, who ordered CashCall to pay a $10.3 million penalty for demanding payment on loans that violate the licensing and usury laws of 13 states.
They make money by charging interest rates as high as 22 percent, which they are able to do because technically the money is considered an advance — not a loan — and therefore is not subject to state usury laws.
The mortgage case is one of a number of litigation risks Spanish banks are facing, including an upcoming Supreme Court ruling that will decide at what point the interest charged on credit cards could be classed as "usury".
A federal judge in Los Angeles has rejected the Consumer Financial Protection Bureau's motion for a $287 million judgment against online lender CashCall over its alleged "rent-a-tribe" arrangement to claim sovereign immunity from state usury laws.
Those laws include state usury laws that limit interest rates and the Truth in Lending Act, which requires lenders to provide certain disclosures on total loan cost, said Stuart Rossman, director of litigation at the National Consumer Law Center.
In a 43-page decision, Seibel said New York has a "fundamental public policy" against interest rates exceeding 25 percent, and the state's criminal usury cap "applies to prevent a creditor" from collecting a higher rate on defaulted debt.
Filed Monday in San Jose federal court, the lawsuit accuses Big Picture Loans of violating usury laws in California, Ohio, Wisconsin and Texas and the U.S. Racketeer Influenced and Corrupt Organizations Act (RICO), which bars the collection of unlawful debt.
According to a CFPB statement, Zero Parallel sold applications to lenders it knew did not follow states' usury laws, interest-rate restrictions and prohibitions on who can make the loans, and kept borrowers in the dark about risks and costs.
Consumer advocates are especially worried about a vaguely written provision in the pending bill that might allow check cashers to forge relationships with banks in states that have no usury caps, as a way of evading the law in New York.
A group in Naples, the Italian Federation of Anti-Racket and Anti-Usury Associations, says that pizzo payments now amount to a fifth at most of all income for Italy's organised-crime groups, down from a whopping half in the early 1990s.
The court left in place a May 2015 ruling by the 2nd U.S. Circuit Court of Appeals in New York that found that Encore's Midland Funding and Midland Credit Management units were not national banks with legal protection against state usury laws.
Utah-based Celtic Bank and Georgia-based lender Kabbage Inc have been hit with a proposed class action accusing them of creating a "rent-a-bank" arrangement to issue high-interest loans to small businesses in California and evade the state's usury laws.
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday allowed a class-action lawsuit against debt collector Encore Capital Group Inc to move forward, declining to hear its claim that such companies should be protected from state "usury" laws barring money-lending at unreasonably high interest rates.
That ruling cast doubt on a decades-old precedent that loans sold by banks to third parties, such as online lenders and debt collectors, could pre-empt state law even if they were above the usury cap in the state where the loan purchaser is located.
According to the suit, plaintiffs are seeking financial relief against a particular payday lender that partnered with Think Finance to avoid state anti-usury laws and that has "taken advantage of people who are struggling financially by charging extortionate interest rates and engaging in illegal lending practices," it states.
WASHINGTON, June 27 (Reuters) - The U.S. Supreme Court on Monday allowed a class-action lawsuit against debt collector Encore Capital Group Inc to move forward, declining to hear its claim that such companies should be protected from state "usury" laws barring money-lending at unreasonably high interest rates.
JERUSALEM — President Mahmoud Abbas of the Palestinian Authority apologized on Friday for any possible offense caused by a speech he made this week laced with anti-Semitic tropes, including the claim that the Jews of Europe brought persecution and the Holocaust upon themselves by engaging in usury and banking.
I went after one of the folks who was involved when the FCC said, "We do not have the right to deal with intrastate communications," and specifically I was looking at the cost of prison phone calls, which is usury rates for people trying to call their families.
Apart from the contradictions between keeping donations anonymous—as per the teachings of the New Testament—and being able to "ask where the money's come from", there's also the issue of usury (ie the lender making interest, which is effectively what charging a fee on a stablecoin transaction amounts to).
"The scheme primarily involved making loans to U.S. consumers in violation of state usury laws and then using unfair, deceptive, and abusive practices to collect on the loans and profit from the revenues," the CFPB lawyers argued in the complaint filed in the Southern District of New York in 2015.
In Madden, the United States Court of Appeals for the Second Circuit held that a non-bank that buys a loan from a bank cannot service the loan on the same terms as the bank, and should instead be bound by the state's usury law (which banks are generally exempt from).
The Madden case implicates three well-established aspects of lending law: First, the concept—that a loan that was not usurious when made cannot become usurious because it is sold—is a foundational aspect of the common law of lending, and has been recognized as a "cardinal rule in the doctrine of usury" by the Supreme Court since the early 19th century.
" But Abbas did himself no favors when, at a meeting of the Palestinian National Council in late April, in Ramallah, he declared that Ashkenazi Jews came not from the Biblical holy lands but from the Turkic empire of Khazaria, and that the Nazi slaughter of European Jews was the result not of anti-Semitism but of their financial activities—"usury and banking and such.

No results under this filter, show 109 sentences.

Copyright © 2024 RandomSentenceGen.com All rights reserved.