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USURIOUS LOAN [1 record]

Record 1 2019-02-25

English

Subject field(s)
  • Loans
CONT

Because usurious loans in New York and Connecticut are void—that is, the borrower has no legal obligation to repay any outstanding principal or interest—the decision provided borrowers with incentives to default, allowing for study of the importance of legal enforceability in consumer lending …

French

Domaine(s)
  • Prêts et emprunts
CONT

La LPC [Loi sur la protection du consommateur], à son origine, a fait beaucoup pour faire reculer les prêts usuriers. Par contre, actuellement, il n'y a rien de spécifique aux contrats de crédit à cout élevé alors que ces entreprises qui en émettent, telles que les prêteurs sur salaire, pullulent en ce moment.

Spanish

Campo(s) temático(s)
  • Préstamos
CONT

[…] la descripción […] se refería a préstamos usurarios[:] "es usurario el préstamo en el que, directamente o indirectamente, se estipula un interés mayor que el permitido por la ley u otras ventajas usurarias" […]

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