The maximum interest rate for consolidating FEDERAL student loans is 8.25%. If your student loans are not federal loans, though, there is no maximum interest rate.
28.99
24.99%
continuation of question that would be the maximum interest rate that a finance co can charge in the year 2011.
To compare a home loan you have to consider the fixed interest rate, the floating interest rate, flexible home loans, minimum loan terms, maximum loan terms, repayment frequency and monthly fees.
37%
Maximum rate on a vehicle that is 3 years old is 17%, and 19% if it is 4 years or older.
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)
The loan whose interest rate is low is called low interest loan. If you got a unsecured loan @ low interest rate then it would be low interest loan for you.
The rules are that the legal rate and judgment rate of interest is 10%. The general usury limit is 24%, or four points above the average prime loan rate, WHICHEVER IS LESS.
A fixed rate mortgage is a loan with an interest rate that does not change over time. Whatever the interest rate is when the loan is taken out, will be the interest rate for the entire duration of the loan.
in my point of view they can charged 36% yearly