Usury—lending at excessive interest rates—is experiencing a resurgence in political and legal attention as states reassert control over predatory lending practices and religious leaders invoke historical moral arguments against the practice. Courts are increasingly upholding state usury caps while federal preemption of banking regulations faces new challenges.
·States are winning legal battles to enforce usury caps against out-of-state lenders circumventing regulations
·Religious institutions are reviving centuries-old theological opposition to usury as a moral issue
·Federal bank preemption doctrine is being narrowed, giving states more authority over loan rates
·Equipment financing and alternative lending sectors face compliance complications from varying state usury limits
·Political leaders are targeting high-interest lending practices as a consumer protection priority
drawn from Medievalists.net, Word on Fire, Vatican News, NerdWallet · updated 28d ago