What is usury, and how does it relate to the cost of consumer credit?

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Question Posted: Mar 27, 2015 12:16 PM

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What is usury, and how does it relate to the cost of consumer credit?

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Usury is the act of lending money at an excessively high interest r...View the full answer

Introduction to Finance Markets Investments and Financial Management

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