Abstract
One of the principal conclusions of the National Commission on Consumer Finance [13, 128, 136] is that the imposition of interest rate ceilings on consumer loans results in a reduction in loan supply with otherwise creditworthy borrowers being rationed out of the market. Furthermore, the Commission suggests that industry practice and legal constraints such as differential rate ceilings may lead the various types of lenders to specialize and segment the market according to risk class of customer.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
