A Legal and Economic Evaluation of Interest Rate Restrictions in the European Union Udo Reifner, Michael SchrApder. an100. ... Where the borrowing rate is used for interest calculation the total cost of credit not only depends on the size of this rate, but also on the interest ... This has led to its gradual abolition through exemptions for current accounts, overdrafts, revolving credit and credit-card borrowing.
|Author||:||Udo Reifner, Michael Schröder|
|Publisher||:||BoD – Books on Demand - 2012|