US Usury laws were if not eliminated, substantially curtailed in th last 30 years. There used to be interest rate caps on consumer loans. Now we have Payday Loa

US Usury laws were if not eliminated, substantially curtailed in th last 30 years. There used to be interest rate caps on consumer loans. Now we have Payday Loan Titans. In California, you can only charge a max of 10% interest if you want to seller-finance real estate. The way to charge more than 10% is to become a regulated bank which is non-trivial and capital-intense.