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Can you charge interest on interest in the sate of MA Someone is sending me a bill with an interest charge on it and now theyre charging interest on the interest Is this possible or even legal?
no, its called usury and its illegal
Can a buy here pay here car dealer charge you interest?
This is on a car, and you are not paying the balance of the price of the car in full, then yes. You are buying on installments. It is common financial practice and has been for about the past three thousand years to charge interest. Legal, ethically, and morally they can charge you interest. Where it becomes still legal but less ethical or moral is the amount of interest they charge you.
What kind of business is Oasis Legal Finance?
Oasis Legal Finance offers legal financing to persons who can't afford one while involved in a law suit. They will help persons who are currently in a legal battle with their financial needs until their lawsuit is finalized. Over 300 000 persons have applied for their services since 2002.
Is oasis legal?
yes
What is the percent per month they can charge in interest?
Whatever they want to charge. The only legal requirement is that they have tomake sure that you know the interest rate before you borrow the money.
How much interest is legal to charge for buying a vacuum?
If you buy it outright, there is no interest charged. if you finance it, laws on this vary by jurisdiction.
What is the legal maximum interest rate that a small business can charge for a past due account?
In Wisconsin, what is the maximum allowable monthly interest rate I can charge customers who are delinquent in their bills?
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 interest rate does a moneylender charge for lending you money?
The highest rate that they can get away with. There are legal limits, and if they charge too much, no one will do business with them.
What is the charge for hunting with a gun as a convicted felon in wis?
You will need the services of a lawyer for a legal, corrrect and current answer.
Can a collection agency still add interest to a charge off?
Yes, as well as any subsequent legal fees.
What has the author Kim Roberts written?
Kim Roberts has written: 'Public interest advocacy in Canada' -- subject(s): Legal services, Public interest law
