usuries
Exorbitant interest practices
Usuries is the plural of usury, which refers to the practice of lending money at unreasonably high or exploitative interest rates.
Historically, usury meant charging any interest at all, which was forbidden by many religious traditions.
Today it typically describes predatory lending that takes advantage of desperate borrowers.
The various usuries practiced by payday lenders trap people in cycles of debt.
Loaning funds for interest
- interestAttention, stake, or fee
- loansBorrowed money arrangements
- predatoryExploiting the vulnerable
- exorbitantUnreasonably high, as costs
rates · debt · borrowing · principal · repayment · compounding · payday · microfinance
Obtaining through threats
- gougingExploitative overpricing
- profiteeringExploiting scarcity for gain
- exploitationSelfish use of others
- greedExcessive desire for wealth
predation · victimization · coercion · entrapment · manipulation · desperation · vulnerability · impoverishment
Violation of divine law
- prohibitionAuthoritative legal ban
- TorahJudaism's core scripture
- QuranIslam's central scripture
- BibleChristian sacred writings
Deuteronomy · canon · medieval · morality · condemnation · doctrine · scripture · ecclesiastical
Formally enacted laws
- capsHeadwear or upper limits
- ceilingsIndoor upper boundaries
- regulationsEnforced rules and standards
- prohibitionsFormal orders against something
enforcement · violations · penalties · loopholes · exemptions · licensing · disclosure · APR
moneylending
Loaning funds for interest
exorbitant · rates · debt · borrowing · principal · repayment · compounding · payday · microfinance · creditors
extortion
Obtaining through threats
- gougingExploitative overpricing
- profiteeringExploiting scarcity for gain
- exploitationSelfish use of others
greed · predation · victimization · coercion · entrapment · manipulation · desperation · vulnerability · impoverishment · oppression
sin
Violation of divine law
- prohibitionAuthoritative legal ban
- TorahJudaism's core scripture
- QuranIslam's central scripture
Bible · Deuteronomy · canon · medieval · morality · condemnation · doctrine · scripture · ecclesiastical · forbidden
statutes
Formally enacted laws
- capsHeadwear or upper limits
- ceilingsIndoor upper boundaries
- regulationsEnforced rules and standards
prohibitions · enforcement · violations · penalties · loopholes · exemptions · licensing · disclosure · APR · contracts
usuriesfair lending
Nondiscriminatory loan provision
interest-free loans · fair credit · low-interest loans · microfinance · Islamic finance
usuriescharity
Voluntary aid for others
philanthropy · generosity · almsgiving · gifts · donations
usurieseconomic justice
Fair allocation of resources
fair trade · mutual aid · debt forgiveness · jubilee · fair dealing