It depends on the type of loan and the interest rate specified in the loan. If the rate is specified in the loan agreement then there is no restriction on the rate. Wells Fargo does this in some of their student loans. It says that there is a bottom rate but that there is no ceiling rate except for the ceiling rate required by South Dakota law; When we check to see what South Dakota ceiling rate is... we see that there is no ceiling rate if the rate is specified in the loan agreement. (http://legis.state.sd.us/statutes/DisplayStatute.aspx?Type=Statute&Statute=54-3-1.1).
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South Dakota
The US state of South Dakota is south of the US state of North Dakota.
The US state of North Dakota is north of South Dakota.
Yankton, South Dakota is on the border of South Dakota and Nebraska as are North Siuox City and Dakota Dunes, South Dakota. Big Stone City, South Dakota is on the border of South Dakota and Minnesota. Lemmon, South Dakota is located on the border of South Dakota and North Dakota.
South Dakota did not have any 'colonial days' because South Dakota was not a colony. South Dakota was part of the Dakota Territory, so South Dakota had 'territorial days'.
North Dakota is up by the border of Canada, Wyoming is just next to South Dakota.
South Dakota's origin means how the state of South Dakota got its start. South Dakota was a part of the Dakota Territory. South Dakota became a US state in 1889.
North Dakota is north of South Dakota.
The state of South Dakota is south of North Dakota.
HAIL SOUTH DAKOTA HAIL SOUTH DAKOTA
North Dakota is bordered by South Dakota to the south.