Interest rate caps on credit

Interest rate caps on credit
Revised caps on interest rates and fees charged on loans came into effect on 6 May 2016
Credit providers must disclose all fees, interest and charges before any credit is given but consumers must also make an effort to determine and understand the maximum fees that are allowed and to ensure that charges levied by the credit providers are lawful before accepting the credit
Interest Rate Caps May2016
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Interest Rate Caps May2016Interest Rate Caps May2016
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