Consumer credit rules set which two limits on a consumer loan?

1. Consumer credit rules are one half of selective credit controls. 2. They establish the minimum down payment a borrower must make on a consumer loan. 3. They also establish the maximum repayment period over which that loan may be spread. 4. A central bank uses these two limits to slow or stimulate consumer credit purchases. 5. A higher minimum down payment and a shorter maximum period both cool borrowing, which is how the tool bites. 6. Interest rate ceilings and fee caps are price controls, and these rules work on terms rather than on price. _Source: OpenStax Introduction to Business (CC BY 4.0), Ch 15 "Understanding Money and Financial Institutions", section 15.2 The Federal Reserve System_