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ceiling
(redirected from Usury Ceiling)

    Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
ceiling
Vox populi A maximum, upper limit. See Glass ceiling, Nondisclosure ceiling.
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In all, 47 percent of countries have disclosure requirements rather than usury ceilings, while 30 percent of countries use both.
CGAP Survey Reveals Financial Services Gap Between Rich and Poor by PR Newswire Europe
They also express concern that placing overdraft protection programs under the Truth in Lending Act would cause fees to be treated as finance charges, thus resulting in the annual percentage rate exceeding 18%, thus violating the federal credit union usury ceiling.
Overdrafts return to congress by Marx, Claude R. / Credit Union Times
Ted Strickland (D) signed legislation subjecting payday lenders to a 28 percent APR usury ceiling and other restrictions.
The poor still pay more: the small-loan industry preys on low-income ... by Mierzwinski, Ed / Trial
 
 
 
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