I'll assume that your citation of current laws (though I have no idea which jurisdiction you are in, and thus have no idea what those laws actually look like) means that you approve of the current definition of usury in some unnamed jurisdiction. But this is a rather lazy answer, isn't it? I don't see why the fact that we have such laws should necessarily mean such laws are wise laws.

The fact of the matter is that if interest rates were not high enough to offset the risk of lending, you would find fewer willing creditors and wind up with less credit. I would argue that the abolition of usury laws would in fact free up credit to those who need it the most, those who are otherwise too risky for creditors to willingly lend to.

You seem to be of the opinion that there are two types of lending: good lending, and bad lending. Good lending is good because the interest rates are low enough that they don't infringe upon the law. Bad lending is bad because the interest rates are too high. But such a simplistic definition inherently disregards the reason why people borrow in the first place; if someone borrows money, then regardless of the interest rates, the reason they are doing so is because they would prefer to have less money now rather than more money later, and it seems to me to be a perfectly fair goal to make this an available option to as many people as possible.