Rate cap in economics and finance

134 views Feb 14, 2024

Hello everyone! Today, we're diving into the world of economics and finance to explore the concept of rate cap. A rate cap is a financial term that refers to the maximum limit set on the interest rate of a loan or investment. It acts as a safeguard, preventing the rate from exceeding a certain level.

#Credit & Lending
#Debt Management
#Economics
#Loans