Source: https://wegiveloans.com/personal-loans-in-dc
Timestamp: 2019-06-18 11:30:27
Document Index: 611041819

Matched Legal Cases: ['§28', '§28', '§28', '§28', '§6621', '§28']

Personal Loans in Washington (DC) | We Give Loans
Personal Loans in The District of Columbia
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District of Columbia Personal Loan Laws and Regulations in (DC)
(last updated 12/08/2018)
Legal Maximum Rate of Interest
In absence of agreement: 6%/yr. (§28-3302); by contract in writing: Up to 24% (§28-3301)
Penalty for Usury (Unlawful Interest Rate)
Forfeiture of interest; usurious interest paid may be recovered (§28-3303; 3304)
Interest Rates on Judgements
4% allowed on judgments against the District of Columbia, its officers, employees acting within scope of employment; where judgment is not against District of Columbia, its officers, or its employees acting within scope of employment or where interest is not fixed by contract the rate of interest shall be 70% of the rate set by the Secretary of Treasury (§28-3302, 26 USC §6621)
Federally insured bank or savings and loan and on direct motor vehicle installment loans (§§28-3308; 28-3601 to 3602)
This information is for informational purposes only. Although care has been taken to accurately describe the laws and regulations in DC, no guarantees are implied or expressed about its accuracy. This is not legal advice. If you need legal advice, please consult an attorney or the D.C. Department of Insurance and Banking.
The following classes of lending organizations may be exempt from some, all, or none of the regulations and laws set by the District of Columbia. Federally chartered banks, state chartered banks, credit unions and some entities organized under the laws of a sovereign nation (for example) a Native American Tribe or the country of Antigua.
District of Columbia Personal Loan Lending Regulator (DC)
D.C. Department of Insurance and Banking
810 First Street Northeast
(202) 727-8000
www.disb.dc.gov/
Washington , DC 20002
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Related DC Loan Programs
Personal Loans for Bad Credit in Washington DC
$500 to $5,000 - Credit Score Less Than 650
Small Business Loans in Washington DC
For Bad to Excellent Credit. Flexible Terms.
Online approvals up to $40,000
For average+ credit
Suggested Credit Score: 680+
Funds as-soon-as 1 business day
Flexible terms of 6 to 72 months
Debt Advisor - Debt Relief that Actually Works
District of Columbia Personal Loans (DC) by Neighborhood
Capitol Riverfront, DC
H Street NE, DC
Maryland, DC
National Mall, DC
Penn Quarter and Chinatown, DC
Upper Northwest, DC
DC Debt Relief, Financial Counseling, and Consumer Credit Information
If you would like to look into the possible benefits of these services, National Debt Relief - Whom Offers a Free Debt Relief Quote is a leading provider of financial counseling services in DC.
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