usury
Exploitative interest rates
Usury is lending money at excessive or exploitative interest rates.
The term originally meant any interest charged on loans—medieval Christians and Muslims considered all such charges immoral.
Modern usage restricts it to predatory lending: The payday loan industry has been accused of usury.
Laws against usury set caps on permissible interest rates.
Borrowed money repaid later
- creditorOne owed money
- borrowerOne who takes temporarily
- principalChief school administrator
- debtMoney owed another
moneylender · pawnbroker · loan shark · payday lender · credit · collateral · subprime · default
Exploiting the vulnerable
- extortionateUnreasonably high in cost
- gougingExploitative overpricing
- exorbitantUnreasonably high, as costs
- unconscionableMorally unacceptable, beyond reason
rapacious · profiteering · fleecing · squeezing · bloodsucking · parasitic · merciless · oppressive
Excessive desire for riches
- rapacityAggressive, seizing greed
- covetousnessExcessive desire for possessions
- money-grubbingObsessively seeking wealth
- acquisitivenessDesire to gather wealth
graspingness · hoarding · insatiable · mercenary · profiteering · materialism · plutocracy · mammon
Violation of divine law
- unethicalViolating moral standards
- immoralContrary to ethical principles
- unjustNot fair or right
- shamefulCausing or meriting disgrace
reprehensible · unscrupulous · vice · wickedness · exploitation · oppression · dishonesty · corruption
Forbidden by Islamic law
- shariaMuslim canonical jurisprudence
- Islamic financeSharia-compliant monetary practices
- TorahJudaism's core scripture
- BiblicalOf sacred scripture
canon law · sin · forbidden · anathema · excommunication · jubilee · zakat · Deuteronomy
Returns on reinvested earnings
- rateMeasured speed or charge
- APRYearly borrowing cost
- finance chargeCost of borrowing money
- excessive interestUnreasonably high loan charges
yield · accrual · capitalization · double-digit · default rate · hidden fees · origination fee
loan
Borrowed money repaid later
debt · moneylender · pawnbroker · loan shark · payday lender · credit · collateral · subprime · default · foreclosure
predatory
Exploiting the vulnerable
- extortionateUnreasonably high in cost
- gougingExploitative overpricing
- exorbitantUnreasonably high, as costs
unconscionable · rapacious · profiteering · fleecing · squeezing · bloodsucking · parasitic · merciless · oppressive · payday lending
avarice
Excessive desire for riches
- rapacityAggressive, seizing greed
- covetousnessExcessive desire for possessions
- money-grubbingObsessively seeking wealth
acquisitiveness · graspingness · hoarding · insatiable · mercenary · profiteering · materialism · plutocracy · mammon · lucre
sin
Violation of divine law
shameful · reprehensible · unscrupulous · vice · wickedness · exploitation · oppression · dishonesty · corruption · nefarious
haram
Forbidden by Islamic law
- shariaMuslim canonical jurisprudence
- Islamic financeSharia-compliant monetary practices
- TorahJudaism's core scripture
Biblical · canon law · sin · forbidden · anathema · excommunication · jubilee · zakat · Deuteronomy · Leviticus
compound interest
Returns on reinvested earnings
- rateMeasured speed or charge
- APRYearly borrowing cost
- finance chargeCost of borrowing money
excessive interest · yield · accrual · capitalization · double-digit · default rate · hidden fees · origination fee
- historical lawattainder, Justinian Code, Roman law, curtesy, Napoleonic Code
- crimesarson, burglary, robbery, kidnapping, vandalism
- debtdebt, creditor, owe, debtor, lender
- wrongdoingmisconduct, crime, sabotage, crimes, misbehavior
- medieval economyfiefs, manors, serfs, vassals, lords
- mortgagesfixed-rate mortgage, mortgage broker, adjustable-rate mortgage, mortgage payment, mortgage insurance
usuryfair lending
Nondiscriminatory loan provision
philanthropy · charity · generosity · fair credit · almsgiving
usurymutual aid
Cooperative community support
gift economy · Islamic finance · charitable giving · almsgiving · zakat
- usury lawsStatutes limiting interest rates