Can i lend money to a friend and charge interest

Can i lend money to a friend and charge interest?

Dim Mode
208.7K views 2023-05-07 09:56:30 05:02

Answer:

Can I Legally Lend Money to a Friend and Charge Interest? You can lend money at interest, provided that the interest rate falls within the appropriate legal guidelines. Most states have usury laws that limit the maximum amount of interest that a lender can charge.

5+ More Answer/Question

How do i play a downloaded minecraft map with a friend?

Answer: To play Minecraft maps in multiplayer mode you must upload the map file to a multiplayer server. This can either be your own LAN (local area network – offline) or an online Minecraft map server (websites that host multiplayer games in Minecraft).


2024-01-11 05:30:45

Can i lend my son money to buy a house uk?

Answer: If you are providing your child with money towards their home as a gift, the mortgage lender will require you to sign a deed of gift confirming that you have no right to the money once it has been given to your child.


2024-01-01 06:32:06

Can i give a friend in gta 5 online money or a car?

Answer: You cannot directly give money to your friends in GTA V Online, (unless your modding) but you can give them a portion of the money you earned from a job or a challenge. For example, let's say you just did Headhunter, or Salvage you can then take your earnings and share them with friends who are in your CEO.


2023-05-23 17:15:04

Can i gift a game to a friend on playstation store?

Answer: You can purchase a digital game as a gift and send the game code to your friend, who can then redeem the code on their own PlayStation account and download the game. What is this? Alternatively, you can purchase a PlayStation Store gift card and give it to your friend, who can then use it to buy the game themselves.


2023-01-06 15:51:04
Hide All Answers
visit the sponsor

Best Related Question and Answers

The objectives of our project are

A large team of enthusiasts looking for answers to questions in this world presents you a unique database of questions accompanied by cool answers. It is very likely that our best artificial intelligence has found the best answer or question you have been looking for a long time.