EXORBITANT INTEREST RATE Crossword Clue
EXORBITANT INTEREST RATE Crossword Clue
We know 1 solutions for: EXORBITANT INTEREST RATE
Crossword Puzzle Infos
The term 'exorbitant interest rate' is often used to describe a USURY, which is an illegally high interest rate charged on a loan. USURY is typically defined as any interest rate that exceeds the legal limit set by the state or federal government. This type of interest rate can be extremely detrimental to borrowers, as it can lead to financial hardship and even bankruptcy.