Tag Archives: consequential—and
— wp:heading {“level”:1} –> Interest Rate Cap Regulations by State Interest rate caps are among the most consequential—and most misunderstood—areas of consumer finance law in the United States
Because there is no single federal ceiling on most consumer interest rates, the rules that govern how much a lender may charge are largely determined at the state level. For consumers, lenders, fintech companies, and legal professionals alike, understanding this