It wants Congress to impose a national interest rate cap of 10% on credit cards and other types of consumer loans and to cap rates at 6% for veterans.
FORBES: Should There Be National Interest Rate Caps?
We'll also see lenders getting round the interest-rate cap and imposing charges in other ways.
BBC: NEWS | Programmes | Moneybox | Interest rates: Does a cap fit?
An interest-rate cap is mooted.
ECONOMIST: Microfinance
Before FED Bernanke and Central Banks manipulated interest rates, the cap rate was about 7%.
FORBES: You Have What You Need To Succeed. Use It.
Montana voters easily approved the ballot measure to cap the interest rate that payday and other consumer lenders may charge.
FORBES: Montana voters approve interest-rate cap on small loans
In the current negative real interest rate environment, these large cap stocks will be big beneficiaries as investors seek out secure, growing dividend yields, something that fixed income markets will not be able to provide.
FORBES: Investor Illusions
In this negative real interest rate environment, it is best to focus on assets that will stand to benefit, such as dividend paying large cap equities.
FORBES: Lifting a Cloud of Uncertainty
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