What is the largest percentage a finance company can charge someone with bad credit in Chicago Illinois?
Xavier s asked:
A finance company tried to charge me and my wife 44% interest on a $6,000 DOLLAR LOAN.Then told us that the total amount once payed would be $12,850 is that predatoryending or what ?
A finance company tried to charge me and my wife 44% interest on a $6,000 DOLLAR LOAN.Then told us that the total amount once payed would be $12,850 is that predatoryending or what ?
August 15th, 2009 at 1:05 pm
I don’t think there is a limit.
August 18th, 2009 at 3:27 am
They can charge what they like it’s up to you to not accept those terms. It’s tough to get a good rate when your credit is shot. Good luck!