There is also a cap on the amount of interest that credit unions can charge on their loans, with maximum rates capped at 3% per calendar month on the reducing balance.
Hefyd, mae cap ar faint o log y gall undebau credyd ei godi ar eu benthyciadau – gyda'r cyfraddau uchaf y gallant godi wedi ei gapio ar 3% y mis calendr ar y balans sy’n weddill.