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Jeannie · Posted: Wed Jul 05, 2006 2:07 pm Subject: interest rates in Florida

ok I've been reading through these threads and the more I read, the more I think we may have paid too much in interest on most of our loans. Does anyone know what the legal limit for interest is in Florida? I want to go back thru our loan paperwork and see how much we've paid, because it seems to me like they need to mark some of these accounts paid in full because we've probably already paid them off!

Posted: Wed Jul 05, 2006 2:17 pm Subject:

The lenders cannot charge the consumers more than the permissible state caps. Follow these links for the interest rates and the allowed roll overs in your state. Compare the rates with the latest statement of your loan account. When you are sure of paying more than the permissible rates, dispute the amount with the loan company. Stick to your move strongly. Though the company will not refund you the excessive amount easily, but they must send you the paid in full letter. This letter is very important so that you are not forced to pay anything later towards this account.

http://www.legis.state.wi.us/lrb/pubs/wb/00wb7.pdf

http://hffo.cuna.org/download/1168.pdf?&sub_id=14490

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interest rates in Florida

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