Knowledge Tree
interest rate caps
Facts (8)
Sources
The Impacts of Individual and Household Debt on Health and Well ... apha.org Oct 25, 2021 8 facts
claimThere is no evidence of increased illegal lending in United States states that have implemented interest rate caps on payday loans.
referenceMayer R. analyzed the relationship between loan sharks, interest-rate caps, and deregulation in a 2012 study.
referenceRobert Mayer analyzed the relationship between loan sharks, interest-rate caps, and deregulation in the Washington and Lee Law Review.
referenceRobert Mayer authored a study titled 'Loan sharks, interest-rate caps, and deregulation' which examines the legal and economic aspects of predatory lending.
claimThere is no evidence of increased illegal lending in US states that have implemented interest rate caps on payday loans.
referenceMayer R. analyzed the history and impact of loan sharks, interest-rate caps, and deregulation in the Washington and Lee Law Review.
claimThere is no evidence of increased illegal lending in US states that have implemented interest rate caps on payday loans.
referenceThe legal and economic history of loan sharks, interest-rate caps, and deregulation is analyzed in a 2012 study by R. Mayer.