The initial and you may second general kinds of cash advance regulatory regimes discussed in the Point II
B is actually an interest rate threshold and outright prohibition. 109 Mortgage cap works while the a price threshold, establishing a specific limit to the rates of interest, hence portray the cost of money. 110 An absolute prohibition into the payday loan is actually a less apparent brand of price control, but is technically an extremely highest speed flooring stopping one user off participating in the market. (далее…)