Finance
Usury laws in Georgia prohibit charging interest rates:
AAbove 5%
BAbove the maximum rate established by state law✓ Correct
CBelow the prime rate
DAny interest on real estate loans
Explanation
Usury laws set maximum allowable interest rates on loans. Charging above the statutory maximum is usury and is illegal. Georgia has usury laws, though many commercial loans are exempt or have higher limits.
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