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What is the highest interest rate allowed by credit card companies to charge consumers?

It is regulated by state law, so it depends on where your credit agreement is in effect. Where I am it's 33% annually.


What is the highest interest rate allowed by law for consumers in the state of Florida?

max 18% if is more than 500.000 25%


What is the highest allowed interest on a personal loan?

Depends on the state you live in, contact you state Attorney General office


What is the highest rate interest allowed for state of Ar?

5% above the Federal Reserve Discount Rate at the time the contract was made.


What is the highest interest rate allowed on invoices to customers?

This depends in your state and sometimes in your county. Is SC, the max is 29% as of 12/05.


What state was the first to enact legislation that allowed consumers to sue an HMO for malpractice?

Texas. Texas. Texas.


What is the highest interest rate for personal loan in Delaware?

contact your State Attorney Generals office


What is the highest interest rate allowed by FLORIDA law?

It is determined by comptroller of state by averaging the discount rate of the Federal Reserve Bank of New York for the preceding year and adding 500 basis points to the averaged federal discount rate.


Can you claim mortgage interest on income taxes on your NY home and live in Florida?

On your federal income taxes, you are allowed to claim a mortgage interest deduction for your principal residence and one other residence of your choice. It does not have to be in the same state. In addition, you are allowed to claim the interest on all rental or business properties.


What is the highest a car dealer charge as an interest rate?

it varies from state to state, in NJ 24.99% is the limit because (in NJ) 25% or higher is considered extortion ...which is a crime


What is the highest rate of interest a Homeowners Association can charge for late payments in the State of Florida?

Florida's usury laws cap interest on 'loans' less than US$500,000 at 18%.


What is the highest interest rate allowed by CA law?

California, as well as 26 other states have no limitation on interest rates, user fees, late penalties, etc for credit cards. Arkansas is the only state with very strict usury statutes.Federal usury laws are of little help, as the only stipulation is for the credit card companies to inform customers of their rates and fees. There has been a bill "stuck" in legislation to place a 17% cap on interest rates, it is doubtful it will ever become law.