Updated about 4 years ago on . Most recent reply
Private lending rates
Has anyone been a private lender or know if the interest rate is capped on private loans? Thanks
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Jay Hinrichs
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Jay Hinrichs
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Usury laws are state specific. and as mentioned above it depends on the circumstances who the lender is how are they licensed if they are not licensed and who or what entity are they lending to .. as well as what type of collateral.
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