The maximum rate of interest you can legally charge someone in Wisconsin is five percent. The only way a higher interest rate can be charged is if there is a written agreement between the two parties.
payday lenders can charge up to what interest
200.00
Under the late payment legislation,if you are in uk,you can. and here's the link through which you can even calculate how much interest you can charge. http://www.payontime.co.uk/calculator/statutory.html
The highest rate that they can get away with. There are legal limits, and if they charge too much, no one will do business with them.
Ask yourself 'what is interest?'. Find out your interest rate and times it by ZERO. How much money do you owe them now?
payday lenders can charge up to what interest
payday lenders can charge up to what interest
400
20%
24%
200.00
A seller can charge whatever interest they wish on a land contract. The buyer doesn't have to sign a contract if they don't agree with the terms.
Legally: Tennessee, Kentucky, wisconsin, and milwalkee Illegally (like moonshine) pretty much the the southeast states.
They charge a much higher interest on loans than they pay on deposits.
If you buy it outright, there is no interest charged. if you finance it, laws on this vary by jurisdiction.
Under the late payment legislation,if you are in uk,you can. and here's the link through which you can even calculate how much interest you can charge. http://www.payontime.co.uk/calculator/statutory.html
The highest rate that they can get away with. There are legal limits, and if they charge too much, no one will do business with them.