Usurious (adjective)

Charging an illegally high rate of interest on a loan.

Origin:

Late middle english; earliest use found in john gower (1330?-1408). from latin usuriōsus, from usūria usury.

Examples:

1. The lender was accused of charging usurious interest rates on loans to low-income borrowers.
2. The usurious practices of the payday loan industry have come under scrutiny by regulators.
3. The court found that the contract contained usurious terms and void it.
4. He was forced to pay back the usurious interest he had charged on the loan.
5. Many countries have laws to prevent usurious lending practices and protect consumers.