what is the current usury rate 
each state specifies its own usury rate and how it is calculated for example the current usury rate in north dakota is the maximum rate of interest which may be charged for loans of money by non regulated lenders and is equal to 5 5 higher than the current cost of money as reflected by the average rate of interest payable on u s treasury bills maturing within six months but in any event the maximum allowable interest rate ceiling may not be less than 7 4