interest

Private lenders are in the business to build wealth. Nonetheless, the higher interest rates associated with private money lending mean lenders must be aware of the state’s usury laws in which they’re lending. What is Usury? Usury laws protect borrowers from predatory lending by setting standards for interest rates and fees. Under California’s usury law, …

8 Tips on Avoiding Usury in California Read More »

Lenders can’t charge just any interest rate. In most states, including California, lenders are bound by specific standards under usury laws. Usury laws have a long history of protecting borrowers from exorbitant interest rates on loans. References to usury law exist in early religious texts, dating back thousands of years. These ancient laws have evolved …

Usury Law 101: 5 Things to Know about Usury Read More »

New EB-5 regulations will usher in minimum price increases, which will go into effect in November. The two primary types of investment will see a significant increase in minimum investment amounts. Beginning in November, a TEA-related project will require a minimum of $900,000, up from $500,000 previously. Non-TEA project minimums will also increase from $1 …

EB-5 Investors Rush to Get in before Pending Changes Take Effect Read More »

california-usury-laws

Understanding Usury The term usury refers to the act of charging interest at a rate over the statutorily mandated maximum. California judicial precedent has defined “interest” to include anything of value received by a lending entity from the borrower notwithstanding the specific type of consideration—meaning payments submitted via fees, bonuses, commissions and similar charges could …

Clarifying California’s Complex Usury Laws Read More »