Cap interest rate charges

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Polititions are among the most critisised people in the world, although I don’t think anybody except the banks will be disagreeing with their comments of late.

They are suggesting that banks are made to cap their interest rates relating to personal loans, which have spiralled out of control over the past few months, some standing as high as 28%.

Cap interest rate charges

A cap on the interest rates charged by banks for personal loans is needed, says expert.

A politician has called for a cap on the interest rate charges levied by banks when consumers take out their personal loans.