Do You Believe in Usury?|
The last question has checkboxes because more than one answer is right.
According to usurylaw.com (which may or may not be correct), Delaware limits interpersonal oans to 5% above the federal interest rate, but "Banks, savings and loans, and credit unions that are state-chartered are not subject to the usury laws that are on the books in Delaware for other types of person, non-commercial loans. Likewise, loans that are made by federally chartered financial institutions are not subjected to the statutory provisions in Delaware that pertain to usurious interest rates and related lending practices and procedures."
Michigan also has fairly strict interpersonal usury laws, and similar exceptions for state and nationally chartered lending institutions.