Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

New Jersey law prescribes limits on interest rates through its civil and criminal usury statutes. Under the civil statute, interest rates may not exceed 6 percent for oral contracts, or 16 percent for ...

Usury is the unlawful lending of money at unreasonably high rates of interest. So, what is unreasonable? And what happens if your loan goes beyond that amount? The answer to the first question depends ...

Depending on where you live, you could get a small loan with an annual percentage rate of 36%, 300% or 600%. Why the staggering difference? Many factors contribute to the rate you receive on secured ...

For those interested in all things "Interest" related, we provide a summary of recent state and federal court cases involving usury, finance charges, and interest rates, as they relate to the consumer ...

If you’re one of the many Americans that carry a balance on your credit card, you should keep an eye on your card’s interest rate to manage how much you pay your issuer for the privilege of using the ...