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lwpat, Attorney
Category: Business Law
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Experience:  Attorney with over 35 years of business experience.
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Does the same hold true for owner financing the car And if

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Does the same hold true for owner financing the car? And if so what is the max apr interest rate an individual can charge?
You can owner finance a car but you need to be sure that your lien in put on the title. The law that governs financing of motor vehicle sales caps the effective annual interest at 27 percent.
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