NYT Limit on borrowing (7) Crossword Clue Puzzle Answer from September 11, 2024
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Updated Sep 11, 2024
Limit on borrowing (7) NYT Crossword Clue Answer
Let’s find the answers to Limit on borrowing (7) NYT for the September 11, 2024 edition of NYT crossword puzzle. Answer Contains 7 letters. Start with L and end with P, and the possible solutions are LUDSHIP, LACECAP, LOANCAP.
The answer is LOANCAP.
The crossword clue "Limit on borrowing" with the answer "LOANCAP" refers to a maximum amount that can be borrowed, typically imposed by a financial institution or lending agreement. A loan cap serves as a safeguard to prevent borrowers from taking on excessive debt and helps lenders manage their risk.
It is often set based on factors such as the borrower's creditworthiness, income, or the type of loan. The term "loan cap" is commonly used in discussions of mortgages, credit lines, or other financial products where a borrowing limit is crucial to maintaining financial stability.
This clue last seen in NYT Crossword Puzzle on September 11, 2024. You can also get all other NYT's Crossword clues hints and answers here.
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