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Q: What is the maximum interest rate on a promissory note allowed by federal law?
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What is the maximum allowable interest rate on a promissory note between two private parties in the state of Georgia?

If the promissory note is for less than $3,000, the maximum allowable interest rate in Georgia is 16% per year. If the promissory note is for $3,000 or more, the maximum allowable interest rate in Georgia is 60% (yes - 60%) per year and may only be computed as simple interest.


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What is the maximum allowable interest rate on a promissory note in the state of Idaho?

State laws change constantly, but at the moment it is 12%. Most banks and credit card companies, as well as finance companies, are exempt from this.


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What is the maximum allowable interest rate on a promissory note between two private parties in the state of Idaho?

from http://www.lectlaw.com/files/ban02.htm


Maximum interest on promissory note in the state of California?

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