Page 14 - தேசிய ஆட்டோமொபைல் விநியோகஸ்தர் சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Serious concerns lurk under surface of loan shark joke Print The growing movement to impose 36 percent interest rate caps on retail installment loans received a rousing endorsement last week from the National Association of Loan Sharks, the preeminent trade association for illegal moneylenders. Though an April Fools Day joke orchestrated by the American Financial Services Association, the April 1 press release reflects serious industry concerns that interest rate caps restrict financing opportunities for customers on the lower end of the credit spectrum at a vulnerable economic time. The tongue-in-cheek release highlights how a slate of rate cap legislation could expand opportunities for the fake loan shark association s members.

United statesNew mexicoNational automobile dealers associationNational association of loan sharksAmerican financial services associationNational associationLoan sharksApril fool dayIllinois general assemblyLegislative black caucusMilitary lending actஒன்றுபட்டது மாநிலங்களில்புதியது மெக்ஸிகோதேசிய ஆட்டோமொபைல் விநியோகஸ்தர் சங்கம்தேசிய சங்கம் ஆஃப் கடன் சுறாக்கள்அமெரிக்கன் நிதி சேவைகள் சங்கம்