Usury

[Sarah]

Interest in excess of a legal rate charged to a borrower forthe use of money.

[Sarah]

Charging an exorbitent interest rate for borrowed money. Considered a criminal act in many countries.

[Sarah]

When people make money off the suffering of others. They give faint hope to others and for that faint hope of improving their situation, they most likely wreck their entire life.

[Sarah]

A jewish invention. Part of the Torah

[Oralee]

An answer to [usury] is lending circles. These have a long history in various countries. The non-profit Mission Asset Fund introduces them in the USA and take it one step further in that members of the lending circle are able to boost their credit scores. Each member will, for example, put in the shared pot monthly. Then, after ten months that person will get with no interest rate. Their monthly contributions will be reported to a [credit bureau] to enhance their [credit score].

[Raeanne Dimick]

The illegal action or practice of lending money at unreasonably high rates of interest.

[Little_Girl]

the activity of lending someone money with the agreement that they will pay back a very much larger amount of money later