Legal Question in Credit and Debt Law in Indiana

Is there any limit to interest rate charge to a loan court ordered..? by a collecting agency??


Asked on 11/20/14, 6:44 am

1 Answer from Attorneys
Kenneth Wilk Rubino Ruman Crosmer & Polen

The interest due on a loan is governed by whatever is set forth in the loan document. After a court enters judgment, the interest rate on the judgment is statutorily controlled

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Answered on 11/20/14, 1:16 pm


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