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Whats the highest auto loan interest rate legal to charge to bad credit cutomers in louisiana? |
Whats the highest auto loan interest rate legal to charge to bad credit cutomers in louisiana? LOUISIANA, the legal rate of interest is one point over the average prime rate, not to exceed 14% nor be less than 7%. Usury limit for individuals is 12%, there is no limit for corporations. Source(s): http://www.lectlaw.com/files/ban02.htm... |
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