Legal Question in Consumer Law in Florida

fraud?

I just bought a truck few days ago I did sign for the 16% but under the table they gonna make me pay close to 35% I wonder myself it is fraud what this people are doing to me ? or it is legal, can I sue them for violation of contract?


Asked on 7/12/07, 5:37 pm

1 Answer from Attorneys

Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: fraud?

if you signed a contract to pay 16%, why would you pay 35%. That is probably usurious interest.

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Answered on 7/12/07, 7:40 pm


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