A more thorough explanation:

Usura velata is a Latin term that refers to veiled or concealed usury. It is a practice where a creditor adds usurious interest to the principal sum as if it were part of the original loan.

For example, if a person borrows $1000 from a lender, and the lender charges an additional $200 as interest, but presents it as a fee or a service charge, it is considered usura velata. The borrower may not realize that they are paying an exorbitant amount of interest, and the lender is taking advantage of their ignorance.

Another example of usura velata is when a lender offers a loan with a low-interest rate, but includes hidden fees and charges that increase the overall cost of the loan. The borrower may not be aware of these additional costs, and the lender benefits from the extra money they receive.

Usura velata is a deceptive practice that takes advantage of borrowers who are not aware of the true cost of their loans. It is a form of usury that is disguised as legitimate business practices. The examples illustrate how lenders can use hidden fees and charges to increase their profits, while borrowers are left with a higher debt burden than they anticipated.