Finnish consumer protection law caps the attention rates of quick unsecured loans – what does it suggest for banking institutions?

Finnish consumer protection law caps the attention rates of quick unsecured loans – what does it suggest for banking institutions? During springtime 2019, the Finnish Parliament decided capping the effective rate of interest of short term loans at 20%. The target is to rein consumers’ growing indebtedness while increasing transparency in financing. The brand new […]

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