Texas Commerce Bank-Arlington v. Goldring

I reluctantly concur. No longer is there any viable claim of usury against the extra *105charges made by a bank. The principle now seems well established that any expenses incurred by a bank to protect its security and collect its loan may be added to the interest charged on the indebtedness without violating the usury laws.

Those business expenses of a lending institution that may be added to the debt without being called “interest” are now without limitation. This court has held a plethora of charges can be added to the interest charged on an indebtedness without being charges for the “use,…