As inflation subsided and rates of interest fell, the better rates ceilings triggerred longer method of getting borrowing so you can riskier consumers
As inflation subsided and rates of interest fell, the better rates ceilings triggerred longer method of getting borrowing so you can riskier consumers Sources: (Basic column) Smith (1967); (next column) Western Financial Features Connection, Survey out-of Associate People, authors’ computations; (3rd line) Government Put aside Panel, Questionnaire off Boat loan companies, authors’ data. Table step [...]