It is a rate of interest that is deemed abusive or criminal in that it is wholly unreasonable / excessive. The court can nullify a contract on this basis.
The following represent the two (2) types of loans having the "guaranteed rate for some period" characteristics: * Fixed Loan (the interest rate is guaranteed to be the same for the entire period of...
Many countries have financial institutions called Metrobank, so the question cannot be answered without choosing a specific country. Please select the country in which the Metrobank you are...