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Old 03-06-2011, 6:54pm   #98
FRISKY
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Quote:
Originally Posted by thkauffman View Post
24% interest. Maximum allowed by law.
Last I heard 10% was the maximum on "personal" loans, but it has been awhile since I loaned any money that would show up on someone's tax return.

I didn't try to look it up, but I think it's one of the "usury" laws.
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