Asked by Kaylee Dalena on Jun 24, 2024
Verified
During biblical times charging interest was _____________________.
Charging Interest
The act of lending money or capital with the expectation of receiving payment back plus additional money, known as interest, which serves as the cost of borrowing.
- Gain an insight into how usury laws affect interest rates and credit accessibility.
Verified Answer
SA
Learning Objectives
- Gain an insight into how usury laws affect interest rates and credit accessibility.