Legal Question in Business Law in California

California has laws against usury, but they are complex and have more holes than a wheel of Swiss cheese. For example, they don't apply to a licensed real-estate broker making a loan secured by real estate, nor to loans made by licensed banks. So, while you and I might get five years in prison for lending a small sum at twelve percent interest, companies with certain kinds of licenses can get away with charging ten times that. For more information, search "California" "usury" "laws" on line