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    hally365's Avatar
    hally365 Posts: 1, Reputation: 1
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    #1

    Oct 3, 2012, 04:16 AM
    What is the relation between quick cash and usury?
    I noticed that there are states where quick cash is deemed illegal because of a thing called usury? What is it and why do states use it against these loans?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Oct 3, 2012, 04:51 AM
    Excessive interest. These companies will change interest that is extreme and often almost impossible to pay back.
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