No more than 10% if it's for personal uses (which doesn't include work on real property), and this does not apply to notes under the Bank Act, Building and Loan Act, or Agricultural Act.
If the promissory note is for less than $3,000, the maximum allowable interest rate in Georgia is 16% per year. If the promissory note is for $3,000 or more, the maximum allowable interest rate in Georgia is 60% (yes - 60%) per year and may only be computed as simple interest.
Minimum interest upon promissory note in wisconsin Loo
State laws change constantly, but at the moment it is 12%. Most banks and credit card companies, as well as finance companies, are exempt from this.
from http://www.lectlaw.com/files/ban02.htm
State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.
18
probably California
Every state has different laws concerning interest rates. The least consumer friendly state concerning usury laws, Colorado, has a maximum annual rate of 45%.
In the US, the maximum interest rate for loans other than those by certain types of banking institutions is set by the state; you'd need to specify what state the dealer is in for this question to be answered.
No such thing..no maximum on how much money you can make, no max on how much tax you can pay
For basic personal unsecured loans, the maximum interest rate is 9% per year. For payday loans, the maximum effective interest rate may not be more than 75% of the principal (additively including renewals for which 6 are allowed by the state)
2 days