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Re: lowlowlow interestRates



Dear Sirs or madam. could you let me know what is the maximum by law that financial institutions can loan money to consumers. When I wasd a young child the maximum that could be charged was 10%, otherthan would be userer lending now I see banks charging18% onvisa billsetc.and calling it Interest. where could I get a copy of the law governing loans and interest in CAnada   Thanks
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