Business Apr 26, 2014

LDP mulls reversal on consumer lending; interest rates would soar to 29%

The ruling Liberal Democratic Party may loosen restrictions imposed to block usury and coercive lending in the consumer finance industry.

Business / Financial Markets Apr 22, 2014

Aiful leads as rules face easing

Aiful Corp. led gains in consumer finance stocks after the Nikkei newspaper reported that the Liberal Democratic Party is considering loosening lending restrictions and allowing the interest rate cap to go up to 29.2 percent. Aiful jumped 11 percent, the most since September, to ¥346 ...