What is the maximum interest rate allowed by law NY?
16% per annum In New York, the maximum rate of interest on a loan is 16% per annum. If a lender charges more than that, it may be liable for civil usury. ...
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16% per annum In New York, the maximum rate of interest on a loan is 16% per annum. If a lender charges more than that, it may be liable for civil usury. ...
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