seuil de l'usure

21:06 Nov 26, 2021 

See my Note at 58 minutes, before Phil's answer, with the help of Steve: "https://uk.practicallaw.thomsonreuters.com/1-107-2019?transi... Usury rate or usury limit appear to be the correct terms, thanks Steve."

15:52 Nov 25, 2021 

14:07 Nov 25, 2021 

... I'd bear in mind is whether the author is acting for the lender or the borrower. It seems to be the latter, in which case I see no reason not to characterise the rate as being on the cusp of usury.
But if you can't shoehorn "usury" into this particular sentence, you could perhaps say that it is at the very maximum permitted rate to retain the hint of censure.

12:48 Nov 25, 2021 

https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI0000...

Only applies to certain types of loans.

"Chapitre IV : Dispositions communes au crédit à la consommation et au crédit immobilier (Articles L314-1 à L314-31)

[...]

Article L. 314-6

Constitue un prêt usuraire tout prêt conventionnel consenti à un taux effectif global qui excède, au moment où il est consenti, de plus du tiers, le taux effectif moyen pratiqué au cours du trimestre précédent par les établissements de crédit et les sociétés de financement pour des opérations de même nature comportant des risques analogues, telles que définies par l'autorité administrative après avis du Comité consultatif du secteur financier."

12:43 Nov 25, 2021 

See my Thomson Reuters reference:

"Following the recent changes, loans (excluding, however, overdraft facilities) made to companies carrying out commercial, industrial, professional or agricultural activities are excluded from the scope of the usury legislation. In addition, all criminal sanctions relating to these loans have been abolished."

12:33 Nov 25, 2021 

as a consumer in the UK I don't see many banks boasting about not charging more than the "maximum usury rate". But Conor does show a UK reference. And the document is a writ, so intended principally for m'learned friends.

12:31 Nov 25, 2021 

It depends on your intended readership, doesn't it?

Google tells me clearly that usury laws still exist in many US states, so over there, even consumers will probably be familiar with the concept - or at least ought to be, if they're inclined to read the small print of their lending agreements.

In the UK, "usury laws" as such seem to be obsolete, so I wouldn't trust British consumers to understand the idea. I'd still expect lawyers and bankers to understand the concept, though - references turn up in various speeches and reports on the Bank of England website, for instance. https://www.bankofengland.co.uk/search#?cludoquery=usury&clu...

"Usury rates" also get a mention in this EU Directive, albeit only in the recitals:
https://eur-lex.europa.eu/legal-content/EN-FR/TXT/?from=EN&u...