0
What is the maximum interest rate taken by a finance company on unsecqured loan?
Wiki User
∙ 13y ago
in my point of view they can charged 36% yearly
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is the federally regulated maximum interest rate that a finance company can charge on a loan in the year 2011?
continuation of question that would be the maximum interest rate that a finance co can charge in the year 2011.
What is the maximum interest rate a finance company can charge on a 2002 used car loan in Florida?
In Florida, the highest interest rate that may be charged by a finance company for loans under $500,000 is 18% per annum. Be cautious, however, because there are no limits on the amount of fees that may be charged for the application or origination of the loan.
What is the maximum interest rate a finance company can charge on a loan?
29% if used depending year. Depending on state a 2006 usually cant go past like 18% on avg
What is the maximum fixed policy loan interest that an insurance company can charge in Florida?
10 %
Why different sources of finance is needed for capital expenditure?
Different sources of capital has different percentage of interest amount payable so optimum capital mixture required to finance business.Due to high risk and high interest rate associated with different source of financing so optimum capital structure is required to get maximum benefit.
How are finance loans managed?
Finance loans are managed by a set of rules that are set by the government. The rules and regulation set the laws of the interest rates lenders can charge as well as the maximum amount one can borrow based on the income and credit score they have.
What is function of finance manager?
The function of the finance manager is to identify and determine the finance resources and the best possible way to utilize the finances for the organisational objectives with the maximum rate of return of the finance resources utilized in the most effective and efficient way. He also formulates the future growth plans with the availability of finance and can apply leverage to the company finance by short term or long term plans.His objective is maximum profitability in the returns of the investments by the owners (equity holders) and well as long term growth of the organization.
What is the maximum interest rate for a student loan consolidation loan?
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.
What is the maximum allowable interest rate on a promissory note in the state of Idaho?
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.
Maximum budget presented by which finance minister?
Morarji desai
which According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?
Maximum finance charge
What is the maximum age for a company director in India?
what is the maximum age of company director of india
