District Court for the Southern District of New York ("District Court") against both Midland entities ("Midland"), alleging that they (1) violated the Fair Debt Collection Practices Act by engaging in abusive and unfair debt collection practices, and (2) were attempting to collect a rate of interest that was usurious
under New York law (59) (only the interest charged after Midland purchased the debt was argued to be usurious
Let's face it the usurious
payday lenders are returning the profit to investors, and it is greater than the current 1% on a five-year CD.
Isaiah, the prophet whom Jesus and the New Testament authors turn to more than anyone else, warned that the greed of wealthy landowners and usurious
lenders would turn on them, destroying their own households and transforming the promised land into a wasteland.
In determining whether a loan is usurious
, the court considers the substance of the transaction, rather than its form.
The hotel rates are downright usurious
, and that's just the start of it.
THE ARKANSAS SUPREME Court finally, finally realized what should have been obvious nine years ago: The Check Cashers Act of 1999, which tried to legitimize the usurious
practice of payday lending, was a blatant violation of the state constitution.
The subjects of his scathing criticism include (but are not limited to) juries, predispute mandatory arbitration, original intent as a method of constitutional interpretation, medical malpractice claims, charitable hospitals, bankruptcy law, credit cards with usurious
interest rates, and corporate governance.
Discretionary spending disappears when people are trying desperately to meet mortgage and car payments and usurious
credit card debts and putting food on the table for their families.
Proof of that is they are currently only prepared to lend money to one another at comparatively usurious
rates of interest - the so-called credit crunch.
Paying in advance is like implicitly lending money now to be offered an implicitly usurious
restitution later when the good, increased in value, is delivered.
I hope the president was also thinking about things like understanding how usurious
credit card rates can be even when they are given in terms of a daily or monthly rate.
The reality: forced prostitution to repay usurious
fees charged for their falsified immigration papers.