usery laws breaking them

Date: Wed, 12/27/2006 - 07:32

Submitted by anonymous
on Wed, 12/27/2006 - 07:32

Posts: 202330 Credits: [Donate]

Total Replies: 2

what does it mean breaking usery laws legal % rate is 12 but state says over 18% is usery we have private people who charge 12% plus 2 points then the brokers fees

wevensen - Welcome to the forums! Can you please give u

wevensen -

Welcome to the forums!

Can you please give us a little more detail on your situation, so we can provide accurate advice and information? What company are you dealing with, and what type of debt is this? What "private people" are charging this interest rate?

Since you have registered with the site, a consultant from your area will be contacting you soon to discuss your situation and offer options for debt consolidation or settlement. If you do not need their services, please let them know when they call.

lrhall41

Submitted by SUEBEEHONEY70 on Wed, 12/27/2006 - 08:04

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Interest Rates

If I were going to owner finance a few mobile homes, and houses and cars in the state of Alabama I need to know what is the min. and Max interest rate I would be allowed to charge?

lrhall41

Submitted by on Mon, 11/24/2008 - 17:03

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