1. I wonder if credit union’s and similar institutions could be considered usurious since the owners are also both the depositors and the borrowers. Thus, any ‘usury’ charged falls more under the heading of ‘fee’ than true usury since it is being paid back to oneself. Same could be said of mutual and fraternal insurance companies that might offer financing, not to mention Islamic banking products. One can also as easily structure larger business deals along equity lines rather than leverage, which also bypasses usury.

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