Sentence examples for credit caps from inspiring English sources

Loan sharking is illegal in Britain, but there is no ceiling on high-cost borrowing — as there is, for example, in Germany and France, which have credit caps of around 16 percent and 20 percent.

Welby told Today he did not support regulation to curb payday lenders' activities, for example credit caps: "If we try and cap interest rates and drive the legal payday lenders out of business through regulation people become desperate – and there's no consumer choice in a lot of our deprived areas – will end up with the loansharks, who are just a totally different kettle of fish, very much worse".

Report contributor, Kitty Stewart from the London School of Economics, suggests the coalition's changes in the rules for claiming child tax credit, reductions in the childcare element of working tax credit, caps on overall benefits and changes to the local housing allowance have combined to hit low-income families hardest.

Just last week, the board backed away from implementing credit caps a backlash from both students and faculty, who argued that the move was profit-driven.

The Medicare withholding tax could be progressively structured and the credit capped to provide fairness.

For instance, all citizens might receive a tax credit of 25percentt of their donation, with the total annual credit capped at $2,000.

"We would also like housing benefit removed from the universal credit cap and to get rid of benefit cuts for under-occupancy," says Brown.

The credit, capped at $13,460, is aimed at helping families afford adoption, a fraught process that can drain finances along with emotions.

The National Low Income Housing Coalition (N.L.I.H.C ., working with Representative Keith Ellison, Democrat of Minnesota, and more than 350 organizations nationwide, suggests reforming the deduction by converting it to a credit, capping eligible mortgages at $500,000 and using the proceeds to finance the National Housing Trust Fund.

The provision aims to incentivize companies to provide up to 12 weeks of paid parental or medical leave by offering up a tax credit capped at 25% to employers who voluntarily do so.

The center estimates that eligible families would end up paying about only 30 percent of incomes on housing, and that even a modest renters' credit capped at $5 billion would lift 250,000 renters out of poverty, help 1.2 million of the lowest income renters and cut the number of poor households that spend more than half their incomes on rent by 700,000.