How much money would be loaned out if there was no usury law?

Usury Law

Legislation that sets maximum interest rates that lenders can charge borrowers to prevent exploitation.

Loaned Out

Refers to funds or assets that have been borrowed by one party from another under agreed conditions, often involving interest.

Examine the effects of laws limiting interest rates on the availability and cost of loans.

Verified Answer

Final Answer :

$250 billion

Learning Objectives

Examine the effects of laws limiting interest rates on the availability and cost of loans.