By Hemmer DeFrank Wessels PLLC | Published March 20, 2018 | Posted in Business Law | Tagged Tags: interest rates, Ketnucky lending practices, loan providers | Leave a comment
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Kentucky Law Places Limitations on the Interest Rates Lenders Can Charge
Banks and other loan providers in Kentucky must follow strict state laws regarding the interest rates they may charge. What follows is a brief summary of interest rate laws in the state. Legal maximum rates and judgment rates In Kentucky, the maximum legal interest rate is 8 percent, unless the parties agree otherwise. Even in Read More
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