13 Feb To close out, we keep you to a keen “interest-impact mortgage,” since the laid out when you look at the Roentgen
< ¶>C. (F), may include a loan requiring repayment in a single installment. Lenders registered under the MLA may make single-installment, interest-bearing loans, and the STLA does not limit the authority of lenders registered under the MLA to make any loans authorized by the MLA. The unambiguous language of the MLA, consistent with the reasonable administrative construction of R.C. (F), compels the conclusion that appellant's loan to appellee was an interest-bearing loan as defined under the MLA.
< ¶>As a final matter, we note that we do not decide whether the loan described in the customer agreement complies in all respects with the MLA, but only whether appellant, as an MLA registrant, was entitled to make MLA-compliant loans unaffected by the STLA. For example, we do not decide whether the customer agreement's requirement of interest at 25 percent per annum, pursuant to R.C. , was permitted by the MLA, or whether the 21–percent–interest cap in R.C. (A) applies. The court of appeals did not address that issue, and appellant's propositions of law do not implicate it here.