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Prodigals and Projecture: An Economic History of Usury Laws in the United States from Colonial Times to 1900

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NBER2003-06-01 更新2025-01-04 收录
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During the Colonial era usury laws in the United States were strict both in terms of the maximum rate that could be charged and the penalties that would be imposed. In Massachusetts in eighteenth century, for example, the maximum rate was 6 percent, and both principal and interest were forfeited if

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2003-06-01
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