Because Delaware and South Dakota are the only states with usury statutes.
Wrong.
NY, for example has both civil usury laws (16%) [see, N.Y. Gen. Oblig. Law § 5-501(1) and N.Y. Banking Law § 14-a(1)] and criminal usury laws (25%) [see, N.Y. Penal Law § 190.40].
Thanks for helping me catch my typo. They're the only states without usury statutes.
Oh.
I probably should realized that.
My bad.
Sorry.