Description:

1. usury refers to the loan form with interest rate much higher than the market average.

2. According to the information given, the monthly interest is 1080 yuan, which is equivalent to the annual interest of 12960 yuan (1080 * 12), and the loan principal is180,000 yuan. According to the calculation, the annual interest rate is 7.2% (12960/180000 *100%).

3. At present, in China, the law stipulates that the annual interest rate limit for individual investors to borrow money from others is 24%. If the interest rate exceeds this limit, it is regarded as usury.

According to the above analysis, the annual interest rate of this loan is 7.2%, which is far lower than the usury standard stipulated by law.

Summary:

According to the given interest and loan amount, the calculation results show that the loan does not belong to usury. However, it should be noted that the definition of usury may be different in different countries, so it is recommended to consult relevant legal or financial professionals in order to make an accurate judgment under specific circumstances.

Extended data:

Usury is usually regarded as a high-risk loan form, because its high interest rate may lead to debt repayment and cause serious economic difficulties to borrowers. Various countries and regions have set different regulatory measures for usury to protect the rights and interests of borrowers. In China, the relevant laws set an annual interest rate ceiling for personal loans and strengthened the crackdown on usury. It is suggested that borrowers should be cautious when choosing loans and ensure that they can bear the corresponding repayment responsibilities.