Effective usury laws
A) subsidize lenders.
B) penalize those who borrow at the below-market interest rate.
C) improve efficiency in investing.
D) keep some low-income people from obtaining credit and loans.

Question

Quizplus · Accepted Answer

Usury laws cap the interest rates that lenders can charge, which can lead to some low-income individuals being unable to obtain credit, as lenders may not find it profitable to lend at the capped rates.

Effective Usury Laws