Your mom is the instalment of something that i have no idea what it is.
finance company
The highest rate that they can get away with. There are legal limits, and if they charge too much, no one will do business with them.
payday lenders can charge up to what interest
yes
Finance charge
what is the highest interest rate a car dealer can charge on an auto loan in sc?
Several Companies offer Installment Loans online without Credit Checks and even with Bad Credit. The major thing to look at with Installment Loan Companies is how much Interest they are going to charge on the Loan, some charge up to 300 percent, so if they lend you $300, you could end up owing them $900.
Your mom is the instalment of something that i have no idea what it is.
Regular revolving charge accounts allow consumers to borrow up to a certain limit and carry a balance from month to month, making minimum payments while accruing interest on the remaining balance. In contrast, installment charge accounts provide a fixed loan amount that is repaid in scheduled installments over a set period, typically with no interest if paid on time. While revolving accounts offer flexibility in repayment, installment accounts require a structured payment plan. Additionally, revolving accounts are often tied to credit cards, whereas installment accounts are commonly associated with loans for specific purchases.
finance company
The highest rate that they can get away with. There are legal limits, and if they charge too much, no one will do business with them.
Florida's usury laws cap interest on 'loans' less than US$500,000 at 18%.
Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.
payday lenders can charge up to what interest
payday lenders can charge up to what interest
Your governing documents, specifically your Collections Resolution, states specifically how late payments are penalized. If no answer is available in your governing documents, you may rely on your state's Usury Laws, if any exist. Bottom line is this: penalties for late payments must be 'reasonable'.