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Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Consumer Protection Law
Satisfied Customers: 17533
Experience:  B.A.; M.B.A.; J.D.
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What is the interest rate to buy a 17 year old car?

Customer Question

Let’s say I am buying car in Florida that is about 17 years old. What is the maximum rate of interest that I can be charged? I went and filled out the paper work but gave him no money because he does not accept cards, only cash. So I am supposed to give him cash today.
Submitted: 3 months ago.
Category: Consumer Protection Law
Expert:  Phillips Esq. replied 3 months ago.
The maximum interest rate is 18%

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