Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Legislative History of the Interest Rate Amendments Regarding State Usury Ceilings on Certain Loans, and Applicability of State Usury Ceilings to Certain Obligations Issued by Banks and Affiliates P.L.
Author: Interest Rate Amendments Regarding State Usury Ceilings on Certain Loans, and Applicability of State Usury Ceilings to Certain Obligations Issued by Banks and Affiliates
Author: Usury Lending Limits
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 290
Book Description
Problems Encountered Under State Usury Laws
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial InstitutionsPublisher:
ISBN:
Category : Usury laws
Languages : en
Pages : 176
Book Description
Problems Encountered Under State Usury Laws Usury Laws, Hearings Before the Subcommittee on Financial Institutions of ..., 93-2 on S. 3817 ..., July 31, 1974
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category :
Languages : en
Pages : 180
Book Description
Federal Preemption of State Usury Ceilings
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and CoinagePublisher:
ISBN:
Category : Usury laws
Languages : en
Pages : 521
Book Description
Loan Sharks
Author: Charles R. GeisstPublisher: Brookings Institution Press
ISBN: 0815729014
Category : Business & Economics
Languages : en
Pages : 275
Book Description
Predatory lending: A problem rooted in the past that continues today. Looking for an investment return that could exceed 500 percent annually; maybe even twice that much? Private, unregulated lending to high-risk borrowers is the answer, or at least it was in the United States for much of the period from the Civil War to the onset of the early decades of the twentieth century. Newspapers called the practice “loan sharking” because lenders employed the same ruthlessness as the great predators in the ocean. Slowly state and federal governments adopted laws and regulations curtailing the practice, but organized crime continued to operate much of the business. In the end, lending to high-margin investors contributed directly to the Wall Street crash of 1929. Loan Sharks is the first history of predatory lending in the United States. It traces the origins of modern consumer lending to such older practices as salary buying and hidden interest charges. Yet, as Geisst shows, no-holds barred loan sharking is not a thing of the past. Many current lending practices employed today by credit card companies, payday lenders, and providers of consumer loans would have been easily recognizable at the end of the nineteenth century. Geisst demonstrates the still prevalent custom of lenders charging high interest rates, especially to risky borrowers, despite attempts to control the practice by individual states. Usury and loan sharking have not disappeared a century and a half after the predatory practices first raised public concern.
The Credit Deregulation and Availability Act of 1983
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Interest
Languages : en
Pages : 514
Book Description
Federal Register
Author: History of the Eighties
Author: Publisher:
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 594
Book Description