Actually state are allowed to set standard interest and it changes on a regular basis - usually yearly. Florida for example has set as standard interest right now of 10 or 11 percent. learn dude before ya post - here's yer sign!!!!!!!!!!!!!!!!
Harrison Says:
December 22nd, 2008 at 2:38 pm
12% is double that of what the federial law allows!!! States are to set an interest rate with a min. 3% and max. 6%!!!!!
3 comments:
What was the subject, child support?
Actually Glenn's original post was about an AG who has gone after deadbeats (child support). The men are quickly turning to complaining about how unfair 5,000 a month for cs is and how also the interest rate is too high (again an action designed to keep mom and kids in poverty because she had the audacity to leave).
I should add I am on a posting frenzy tonight. I need to catch up due to having 350+ FR emails to sort through - courtesy of my bro......... Some pretty good stuff in these emails. One is even actually appalled - they have a mole in their midst - oh poor babies............
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