Usury ceilings place caps on interest rates that FIs can charge on certain types of loans and are established by federal regulatory authorities.

Name: Usury ceilings place caps on interest rates that FIs can charge on certain types of loans and are established by federal regulatory authorities.
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Usury ceilings are typically established by state laws, not federal regulatory authorities, and they limit the interest rates that can be charged on loans.

Usury Ceilings Place Caps on Interest Rates That FIs Can