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.

State Rate Caps for $500 and $2,000 Loans

November 15, 2023

Bar graphs showing the Annual Percentage Rate Caps for $500 and $2,000 Loans

Read More about: State Rate Caps for $500 and $2,000 Loans
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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