Depends on the State. Many are 18%, but some are as high as 24%. What is rate in California? and can it be compounded monthly?
28.75%
As of July 2010, you can get a student consolidation loan through the federal government. The interest rate can range from 6.62%-8.25%. 8.25% is cap for any student loan consolidation.
It depends upon where you live. Some jurisdictions have a cap upon the percentage you can be charged. In general, however, the rate is about 15% every one or two weeks. So a 100 dollar loan costs 115 to repay at the end of one compounding period.
Loan rates can change on a daily basis, sometimes in line with the 'Bank Base Rate' (BBR). There is no cap or law on the loan rates that a loan company may offer. Higher interest rates tend to be geared towards higher risk consumers with low credit scores. Banks usually offer rates around the 10-20% range, whereas payday loan companies will offer on average around 4500%+.
As of July 2014, the market cap for LMP Corporate Loan Fund Inc (TLI) is $119,529,081.51.
As of July 2014, the market cap for First Trust Senior Loan Fund ETF (FTSL) is $196,117,599.30.
As of July 2014, the market cap for WisdomTree Japan Interest Rate Strategy Fund (JGBB) is $4,873,000.00.
Usually around 20% per year. Each state has a different cap on the interest payments. And there are contractual issues to look at as well.
The interest rate caps on an ARM loan, or adjustable rate mortgage, are designed to protect the borrower from "rate shock" or sudden extreme changes in their interest rate, which also cause spikes (or drops) in their monthly payment. Most ARM loans have several different kinds of rate limits, including the first rate change limits, subsequent rate change limits and the life of loan change limits, also called the rate ceiling or rate floor.
Just be yourself.
Jumbo loans refer to mortgage loans on houses. Most home mortgages have a cap on how high a loan amount can be written for so that it is insured. A jumbo loan is any loan that goes over this amount.
Simplified Bad Credit Loans, and Unsecured Personal Loans for Bad Credit are two of such businesses. The loan cap is usually as low as $1,000. These institutions operate by creating a forum for many lenders to compete with each other to win applicants.