Which is not a reason Usury laws are often politically popular?
A)Few people sympathize with banks and other lenders who are suspected of price gouging.
B)Consumers are in favor of the lower lending rates.
C)The lower rates allow people to borrow more.
D)Lenders, not the Usury laws, are often blamed by people who do not get loans.

Question

Quizplus · Accepted Answer

Usury laws set maximum interest rates that lenders can charge, which can limit the amount people can borrow rather than allow them to borrow more. Lower rates might reduce the lender's willingness to offer loans, especially to higher-risk borrowers, rather than enabling people to borrow more.

Which Is Not a Reason Usury Laws Are Often Politically