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Jessup v. Pulaski Bank

Case URL: 
http://caselaw.findlaw.com/us-8th-circuit/1359782.html

What interest rate usury laws apply to a financial institution that solicits and issues credit cards? Is it bound by the laws of its home state or the state of its customers or neither? The Eighth Circuit Court of Appeals has answered the question for financial institutions located in its jurisdiction. The answer may surprise you.

First published on: 
05/05/2003
Subject: 
Interest Rates or Usury

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