Sentence examples for maximum interest charges from inspiring English sources

The measures, and in particular any clamp down on maximum interest charges on credit cards, would prove popular with consumers and a headache for the banks.

With double-digit inflation and interest rates at 16.75 percent, maximum monthly interest charges on cards remain high.

ANALYSTS also point to some profit-margin erosion and glitches in the integration of Avco Financial Services, a 1999 acquisition that added more than 1,200 branch offices and six new countries, and to a new law in Japan, where the Associates' foreign business is heavily concentrated, cutting the maximum interest rate it can charge to 29percentt from 40percentt.

(Congress also sets the maximum interest rate that lenders can charge students on the loans).

The retail banks will be allowed to charge a maximum interest rate of two per cent.

The maximum interest rate non-banks can charge has been cut from 39% annually to 35%.

The Peoples Bank also ended years of regulations tightly limiting the maximum interest rates that banks could charge on loans.

Legislation will increase the maximum interest rate credit unions can charge on loans from 2%to3%3% a month, with effect from 1 April next year.

If a borrower took out £100 over 30 days, they would pay back £103, well below the £124 they would have to return under the maximum interest that payday loans can charge under the new cap.

[World Business, Section W.] China Raises Loan Rate Ceiling China's central bank has raised the maximum interest rates that banks can charge for commercial loans, a step that is likely to make credit more widely available to private enterprises.

Each state has its own laws (called "usury" laws) that limit the maximum interest rate that may be charged on a loan.