I am trying to find the answer to this question because I am getting charged over 90% interest by cash call, and I don't think this is at all legal!!!
29%
18% plus 10 points
18% plus 10 points
American Express Personal Savings account is currently offering one of the highest interest rates on your money. They are offering a 1% interest on your money as of August 2011 with no fee.
Usury laws provide that interest rates charged on any loan may not exceed 25% As high as the lender wishes it to be.
Depends on the state you live in, contact you state Attorney General office
For California the usury limit for personal loans is 10%.. and anything greater should only be verbal as not to get caught up, but if it is in writing then it would be against the law and considered loan sharking.
there is about 500
29%
18% plus 10 points
18% plus 10 points
contact your State Attorney Generals office
The law says 14%
American Express Personal Savings account is currently offering one of the highest interest rates on your money. They are offering a 1% interest on your money as of August 2011 with no fee.
The biggest benefit of an American Express Personal account is the high interest rate you receive. Their rates are among the highest and most competitive in the area of interest rates on accounts.
There are several ways to deal with personal debt loans. You can consolidate all of the loans or can use the ladder approach as several famous financial gurus suggest. Pay the highest interest rate first then move on down the ladder to the next highest interest rate.
This depends in your state and sometimes in your county. Is SC, the max is 29% as of 12/05.