Historically, usury rates started at 25%. After banks lobbied to change bankruptcy laws that ceiling was abolished. With today's cost of funds, should Congress establish usury for any rate above 20%?

Historically, usury rates started at 25%. After banks lobbied to change bankruptcy laws that ceiling was abolished. With today's cost of funds, should Congress establish usury for any rate above 20%?

Created by karey
Vote, Share and Send to decision makers
Votes: 78 Views:2719 Comments: 13

Rate This Poll:
 
 
 
Add a comment

Credit card rates are unacceptable today given the low cost of funds provided by the government to commercial banks and credit card issuers.




Discuss this topic

close

Loading

close

Error

  • Choose a picture:  

    Choose Media:

    attached media

    Delete

Feel strongly about this poll?

Send the results to elected officials, government agencies, media or top corporations. Just get enough votes and you can Qwanzit.
78 people have also added their voice to this poll
Add this poll to your site or blog. Get the votes! Create a survey widget

Related Polls

Surveys

This poll is a part of the following surveys:
Add to Survey Widget
About Qwanz
Tools and Resources
My Account / Community

Copyright © 2012 Qwanz LLC, All Rights Reserved