Consumer Issues
Money Lending Business Act
Law regulating money lenders with total lending cap (1/3 of income), interest rate limits, and collection rules. Eliminated grey-zone interest rates in 2010.
Statute Reference
貸金業法13条の2
FAQ
Q. What does Money Lending Business Act mean?
Law regulating money lenders with total lending cap (1/3 of income), interest rate limits, and collection rules. Eliminated grey-zone interest rates in 2010.
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