HELP ME ON ECON :) Why would people who can least afford to pay higher interest on a loan be charged higher interest rates by lending institutions?

High-interest rates make loans more expensive. When interest rates are high, fewer people and businesses can afford to borrow. That lowers the amount of credit available to fund purchases, slowing consumer demand. At the same time, it encourages more people to save because they receive more on their savings rate. High-interest rates also reduce the capital available to expand businesses, strangling supply. This reduction in liquidity slows the economy

Explanation: there you go

a) the colonists began to see themselves as different from people in britain.