Where high interest rates are considered usurious, unsecured loans are either not made at all, or are made by loan sharks unafraid of the law.
They are typically usurious proposals.
I call those usurious rates.
Millions of families are living in the hope that something will turn up, pressurised as they are by loan sharks and greedy money-lenders charging usurious rates of interest.
The point is the famine of houses, and the power which the famine of houses gives to certain landlords to exact a rent which is usurious.
It merely let the corporation borrow money at usurious rates of interest.
It should do a great deal to banish the image of the usurious moneylender which all too often has been justifiably applied in the past.
I do not think we are really justified in treating these people on stern usurious lines.