Legal Question in Wills and Trusts in Florida
Under the florida law, and during a will, is it legal for the lender to charge interest of 1,700.00 on borrowing 2,000.00? Thanks, SS
Asked on 4/13/12, 5:55 am
1 Answer from Attorneys
Lucreita Becude
Lucreita D. Becude, P.A.
This question makes absolutely no sense. If you have a will, it is only effective upon death. If you borrowed funds from a lender, the interest will accru at the rate stated until the loan is paid.
Answered on 4/13/12, 7:07 am
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