What does the new I&L 'rule' mean?

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Justin Z.

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Another thread, I know. But I got a question. I am thinking of starting a loaning service but what does the new rule mean? My English is not extremely good so can someone explain it in easier English. The new rule is:

"MC-Market imposes that 50% the initial loan in aggregated fees and interest per annum be the maximum a lender can indebt the loanee on top of the initial loan amount."

Thanks, Justin.
 
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