TITLE

Far from doomsday, state usury relief really helps consumers

AUTHOR(S)
Stanley Jr., William J.
PUB. DATE
April 1983
SOURCE
ABA Banking Journal;Apr83, Vol. 75 Issue 4, p75
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses a special American Bankers Association survey, which shows that usury ceilings are artificial and anachronistic barriers to a competitive marketplace. Benefits derived by consumers where rates have been deregulated; Creditors' argument that restrictive state usury ceilings impede the free-market operation of the credit-granting system.
ACCESSION #
6589668

 

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