Can a law firm charge interest that is more than the debt in new york city
your credit limit
Credit Limit
Credit Limit
Credit limit is the largest amount of money a consumer can charge on a credit card. The amount equals the amount of credit extended to a consumer. Charges over this amount are usually allowed, but expect to pay an "over-the-limit" fee.
You agree to pay the principle and the interest when you enter into a credit agreement; they charge interest because they extend you a line of credit that allows you to have things you otherwise could not afford and they use their money, not your. Failure to pay both the interest and principle results in an over-limit fee. -- I don't think this answer addressed the question. The question was not how can a bank give you an over the limit fee when you don't pay the interest. It asked how they can charge you an over the limit fee when they apply interest in a billing cycle and that puts you over the limit. The answer is the card holder agreement. You agree their interest can put you over the limit resulting in more fees for them. Just another of a few dozen reasons to avoid credit cards completely.
Credit Limit
your credit limit
Credit Limit
There does not appear to be an immediate limit, however, you may want to consider the financial implications of borrowing a large amount of money. Any place that will give you money fast, will charge you a lot of interest.
Credit limit is the largest amount of money a consumer can charge on a credit card. The amount equals the amount of credit extended to a consumer. Charges over this amount are usually allowed, but expect to pay an "over-the-limit" fee.
You agree to pay the principle and the interest when you enter into a credit agreement; they charge interest because they extend you a line of credit that allows you to have things you otherwise could not afford and they use their money, not your. Failure to pay both the interest and principle results in an over-limit fee. -- I don't think this answer addressed the question. The question was not how can a bank give you an over the limit fee when you don't pay the interest. It asked how they can charge you an over the limit fee when they apply interest in a billing cycle and that puts you over the limit. The answer is the card holder agreement. You agree their interest can put you over the limit resulting in more fees for them. Just another of a few dozen reasons to avoid credit cards completely.
leasing interest is having a contract with another person which has a time limit and this means that the person can be in charge until that contract ends.
Most states have limits on how much interest banks and businesses may charge. Check with your state on its limits(usually in the phone book in the blue pages in the front or back). If it is personal there is usually no limit, be careful there.
no
Assuming you mean as a customer - that's called your credit limit.
The charge on your credit card is the amount of money that has been deducted from your available credit limit for a purchase or transaction.
The interest rates depend on the the amount of the loans and the amount of time you are given to repay the loan. There are some jurisdictions that limit the annual percentage rate, it all depends on where you get the loan from.