Respuesta :

Usury laws, established by each state, provide for the protection of borrowers.

What are usury laws?

This is the term that is used to refer to the laws that are made in the United States that are known to protect the interest of the borrowers against the lender who make impose very high interest rates on the amount of money that a person may borrow.

The laws are known to be ancient in nature and were said to have originated from the English colonies which adopted them from the British people.

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