Poll: Over two-thirds back 36 percent cap on loan interest rates

 

Source: Sylvan Lane, The Hill

Strong majorities of Democratic, Republican and independent registered voters support a federal cap on interest rates that could pass the House later this year, according to poll results shared Tuesday with The Hill.

Seventy percent of registered voters said they approved of limiting interest rates on consumer loans to 36 percent, according to a poll conducted by Morning Consult and commissioned by the Center for Responsible Lending, a nonprofit that supports stronger lending safeguards for consumers.

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