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In the United States, it has been up to the states to set limits on interest rates and usury on their own. While there are several ways that companies have tried to circumvent these laws, limits on the maximum allowable interest rate are generally seen as a good thing. Predatory lending has been a problem for most of human history, but these laws can help to protect consumers.
The information below is current as of 2018. Laws change often, please check the accuracy of this information by checking current state laws.
Usury rates change from time to time. If you see an error, please let us know!