Doug Semler wrote:
I think one of the only times "fairness" enters into contract law is
interest rate limits on loans; specific types of contracts have
regulatory or statutory constraints on them. You see that alot in
"People's Court" when the plaintiff sues for non payment and the
principle is awarded but the interest portion is denied because it
violates the constraints of the law. (No Loan Sharking Allowed g!)

LOL This is from a major bank's credit card site. Loan sharking is
obviously completely legal.

Annual percentage rate (APR) for purchases 18.24% variable.

Other APRs
Cash advance APR: 23.24% variable.
Default APR: 32.24% variable.