Legal Question in Consumer Law in North Carolina

i bought a car for $9495 and the interest rate is 19.81% is this illegal?


Asked on 7/30/16, 10:41 am

1 Answer from Attorneys
John O'Neal O'Neal Law Office

Generally, the legality of an interest rate of an interest rate for a car loan in NC is tied to the age of the vehicle at the time of sale. What year is the car and when was it purchased?

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Answered on 8/04/16, 5:03 am


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