Definition of "high-interest" []

• (used of loans) charging a relatively large percentage of the amount borrowed (adjective)

WordNet. Princeton University. 2010.

• "With the revenue from her primary business, she invested in mining stock and made high-interest loans to the San Francisco elite."
• "Predatory lending and high-interest financing targeting the military have been elusive problems for years."
• "At the behest of Congress, the Department of Defense released a report in 2006 that documented how high-interest lenders set up shop outside of military towns, leading many soldiers into debts they could not handle."