Posted in Finance

Florida Revises Criteria for Usurious Consumer Loans – Notice Important Internet

Florida fresh enacted H1347, redaction the state’s criteria for what constitutes usurious consumer loans.  The Florida Consumer Finance Act prohibits charging an welfare evaluate of more than 18% per assemblage on a give of $25,000 or less. The newborn accumulation revises the underway rules for destined exceptions to this 18% cap. The updated exceptions modify the peak welfare …

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Continue Reading... Florida Revises Criteria for Usurious Consumer Loans – Notice Important Internet
Posted in Finance

Florida Revises Criteria for Usurious Consumer Loans – Notice Important Internet

Florida fresh enacted H1347, redaction the state’s criteria for what constitutes usurious consumer loans.  The Florida Consumer Finance Act prohibits charging an welfare evaluate of more than 18% per assemblage on a give of $25,000 or less. The newborn accumulation revises the underway rules for destined exceptions to this 18% cap. The updated exceptions modify the peak welfare …

Read More

Continue Reading... Florida Revises Criteria for Usurious Consumer Loans – Notice Important Internet