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Reload this Page In the state of Texas can you assess a finance charge on a finance charge?

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Old 04-15-2003, 11:21 AM
MidCounty
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In the state of Texas can you assess a finance charge on a finance charge?

What is the name of your state? Texas
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Old 04-15-2003, 11:59 AM
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Forget TX, its against FEDERAL law to do that. Its called 'pyramiding' and there have been class-action suits brought against companies who did this. Many states DO have their own consumer protection laws on this as well.
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