Posted by Matthew Kominiak on May 06, 2008 at 11:15:04:
In Reply to: Usury Laws posted by herbster on May 06, 2008 at 10:12:47:
Hello Herbster,
I used the keywords "David Butler + usury" in the search feature at the top of this Forum, and pulled up a number of previous discussions, including this one that is fairly recent, and appears to answer your question in full - and then some!
Re: Hard Cap on Shylocking!
http://www.creonline.com/cashflow/wwwboard3/messages/22030.htmlBear in mind that land contracts are a form of "seller-carryback purchase money financing". Hope that helps.
Matthew Kominiak
- Re: Usury Laws herbster 17:42:18 05/08/08 (0)