Legal Question in Consumer Law in Florida

Loans

Needing to know if it is legal in the State of Florida for a company to approve you for a $5,000.00 loan but in order to receive the loan you must pay the first six months payments to secure the loan showing good faith in repayment. With said payments being applied to the balance owed.


Asked on 12/13/08, 10:41 pm

1 Answer from Attorneys

Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Loans

Legal or not, dont !

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Answered on 12/15/08, 4:03 pm


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