johnnyc2499 johnnyc2499
  • 08-12-2017
  • Social Studies
contestada

Government regulations on credit aim to

Respuesta :

14401
14401 14401
  • 08-12-2017
Help borrowers pay on time
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andriansp andriansp
  • 03-12-2018

The answer is: educate lenders about consumers.

Government regulations on credit are made in order to create restriction regarding the loan practices that created by credit provider. (such as setting up maximum interest rates that can be given to customers).

This would educate lenders about what they can and cannot do to the customers and protect customer's interest.

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