Usurious in example sentence

The creditors have already persuaded legislatures to allow them to buy a bond for pennies on the dollar and then sue to collect the full dollar (technically known as the Champerty clause), and pushed back New York Governor Andrew Cuomo’s effort to void the usurious 9% interest rate charged on pre-judgment interest, which provides the creditors an incentive not to negotiate in good faith.

More example sentences with word usurious

Those who are willing to engage often demand steep risk premiums that dramatically increase the cost of capital, often to usurious levels.

Banks and insurance companies are to be avoided, on the theory that their activities are usurious and thus prohibited.

The Andhra Pradesh administration accused the industry of charging usurious interest rates, urging the gullible poor to over-borrow, and then driving some delinquent borrowers to commit suicide.

But in the borrower’s view it is usurious – taking advantage of the borrower’s desperation.

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