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If you look between countries you would see that it‘s usually around 15-25%. So it‘s around 20%, almost everywhere.
by quonn 4y ago
If you look between countries you would see that it‘s usually around 15-25%. So it‘s around 20%, almost everywhere.
- Retric 4y agoThe global range is wider than that and reflects the reasonable range of this kind of regulation. If it’s say 75% then what’s the point of a loan? On the other hand if it’s 1% what’s the point of the regulation? Regulators are basically picking a number between 3.5% to 35% and 20% is a nice round number in the middle of that range.