Sentence examples for rate cap from inspiring English sources
"It will not just be an interest rate cap.
The new ARM has a 7percentt rate cap for 10 years.
Borrowers could reach the typical lifetime interest rate cap of 11.9percentt within 42 months.
The company could not pass its rising costs along to consumers because of the rate cap.
"We lifted the rate cap and nothing untoward happened for over a year," Mr. Baum said.
We simply want to see a sensible, fair lending rate cap".
It would be higher than a basic interest-rate cap, but it would be more effective because when you talk to people in other countries that have got interest rate caps lenders just charging an admin fee to get round it".
An interest-rate cap is mooted.
And all a lot more useful for the poor than an interest-rate cap.
Although the interest-rate cap will be lowered, the FSA has proposed phasing this in over three years.
The agency has received complaints, however, that service members are made to jump unnecessary hurdles to qualify for the programs, like the interest-rate cap.
