Interest Rate, Usury, & Other Credit Laws

Interest rate limits are the simplest, most effective way to stop predatory lending and unaffordable debt traps. But many states have loopholes in their laws, and the United States generally lacks national interest rate limits. Rent-to-own and retail installment sales transactions often evade lending protections. NCLC supports effective state and federal interest rate limits and credit laws.

50-State Survey Finds Larger Loans Need Lower Rates

March 6, 2024

Everything that is wrong with a high-cost loan is only made worse when the loan is larger and the terms are longer.

Read More about: 50-State Survey Finds Larger Loans Need Lower Rates
November 15, 2023
August 4, 2021

From the NCLC Digital Library

Consumer Credit Regulation

Innovative thinking and precise authority on predatory lending and other consumer credit, including the latest on rent-a-bank attempts to evade state usury laws, on the NCLC Digital Library.

Read Chapter One

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