answersLogoWhite

0


Best Answer

Usury laws provide that interest rates charged on any loan may not exceed 25% As high as the lender wishes it to be.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is th highest interest rate on a personal loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the highest interest rate for personal loan in Delaware?

contact your State Attorney Generals office


What is the highest interest rate allowable on a private personal loan in Louisiana?

The law says 14%


What is the highest legal interest rate for a car loan?

what is the highest interest rate a car dealer can charge on an auto loan in sc?


What is a high interest rate on a personal loan?

what is the currnet rate of personel loan intrest


What to consider taking out an unsecured personal loan?

What the interest rate is and loan agreement


What is the highest interest rate on a Direct Subsidized or unsubsidized loan?

From the first disbursement of the loan


Which bank provide Personal Loan in Mumbai - Interest Rate Starts at 10.75?

iServefinancial provide personal loan in Mumbai. And help to compare rate of interest of all bank


What is the interest rate on an unsecured personal loan?

The interest rates on an unsecured personal loan vary greatly from loan to loan. If your loan is through a Credit Union, it can be as low as 1.9%, whereas if it is a high-risk loan secured through a private business, the interest rate could be as high as 30% or more.


Who charges the highest on interest rate loans?

They are called loan sharks.


What is the personal loan interest rates in India?

Buddy Loan is renowned for its approval rate. Over 80% of approvals are personal loans that meet the eligibility criteria at Buddy Loan. In most cases, you will find that the interest rate is a matter of objection for heavy pay-outs and longer tenures. But at Buddy Loan, you can choose a lender and customise the tenure and EMI based on your income.


What is the interest rate on the sbi personal loan?

SBI (State Bank of India) offers personal loans as one of their products. The interest rate on a personal loan from SBI (State Bank of India) depends on the applicants credit, amount borrowed, and collateral. Personal loans are calculated at a 9.75% base interest rate.


Which bank provid Personal Loan in Pune - Interest Rate Starts at 10.75?

iServefinancial provide you personal loan in pune. And also provide online personal loan in pune