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Highest Interest rate in Florida I can charge?

3013 Views 5 Replies 4 Participants Last post by  SeedPro
Anyone in Florida know what is the highest interest rate I can charge on past due ($) accounts from my clients? I thought I read somewhere where it was 12% on the monthly balance but not sure. Most of my clients promptly pay upon completion but I have a few who said they'd mail a check...aka "deadbeat" mentality. Thanks.
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Just so you guys know....Per Annum is per year so in one month you can only charge 1.5%

Not worth the ink it will take you to print it.
1 - 1 of 6 Posts
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