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What is the maximum allowable interest rate on a promissory note between two private parties in the state of Georgia?
If the promissory note is for less than $3,000, the maximum allowable interest rate in Georgia is 16% per year. If the promissory note is for $3,000 or more, the maximum allowable interest rate in Georgia is 60% (yes - 60%) per year and may only be computed as simple interest.
What is the maximum interest rate on a promissory note allowed by federal law?
Under federal law, there is no specific maximum interest rate for promissory notes; instead, the allowable interest rate is often determined by state law. However, federal regulations, such as the Military Lending Act, set limits on interest rates for loans to military members and their dependents, capping them at 36% APR. Generally, lenders must comply with both federal and state regulations regarding interest rates. Always check the specific state laws for more precise information.
What is the minimum allowable interest rate on a promissory note between two private parties in the state of Florida?
Minimum interest upon promissory note in wisconsin Loo
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.
What is the maximum allowable interest rate on a promissory note between two private parties in the state of Idaho?
from http://www.lectlaw.com/files/ban02.htm
Why does a Promissory Note indicate the state where executed?
State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.State laws vary. The promissory note would be subject to the laws of the state where it was executed.
Minnesota state maximum auto loan interest rates?
18
What state or country has maximum sunlight in summer?
probably California
What is the maximum interest rate permitted to be charged by a credit card issuer?
Every state has different laws concerning interest rates. The least consumer friendly state concerning usury laws, Colorado, has a maximum annual rate of 45%.
What is the maximum interest rate an auto dealer can charge?
In the US, the maximum interest rate for loans other than those by certain types of banking institutions is set by the state; you'd need to specify what state the dealer is in for this question to be answered.
What is the maximum California state income tax?
No such thing..no maximum on how much money you can make, no max on how much tax you can pay
What is the maximum jail sentence for smuggling drugs into a California state prison?
2 days
