What is the difference between a payment cap and an interest rate cap? Choose the best answer. Multiple Choice Payment caps limit the increase in the loan payment, but do not affect changes in the Interest rate charged on the loan. Interest rate cops limit changes in the Interest rate charged on a loan, but do not affect the payment. Payment caps limit both interest rate changes to the loan and payment changes to the loan, while interest rate caps only limit changes to the Interest rate, Both A and B are correct