states also distinguish between the retailera#39;s own revolving credit and that offered by banks using Visa or Mastercard systems. ... from the same contract rate by using various methods to calculate the principal balance for the affected installment period. Similarly, a lender who uses the average daily balance method may charge substantially more than another lender ... 78 3.5.1 CLASSES OF SPECIAL USURY STATUTES This manual treats fourteen classes of special usury statutes thatanbsp;...
|Title||:||Consumer Usury and Credit Overcharges|
|Author||:||Mark H. Leymaster|