Maximum interest rate commercial loan california
Regardless, California's interest rate limit for sales contracts is 12 percent, and 7 percent for interest rates on judgments. What Is Usury? Usury is the act of lending 10 Oct 2019 California Governor Gavin Newsom signed AB 539 to restrict how much interest a lender can charge consumers on installment loans of up to An important thing to note is that the maximum interest rates refer to the from the California usury laws for commercial transactions apply to loans in excess of