What is the name of your state (only U.S. law) FL
I've been making personal loans to friends for small amounts and have decided to charge interest and sign contracts. Is this illegal in any way? Is there a certain dollar amount I'm dealing with over which I would need to register with someone/place/entity/whatever and/or get some sort of license? Thanks in advance to whoever the two or however many of a small number of you out there appear to be.
I've been making personal loans to friends for small amounts and have decided to charge interest and sign contracts. Is this illegal in any way? Is there a certain dollar amount I'm dealing with over which I would need to register with someone/place/entity/whatever and/or get some sort of license? Thanks in advance to whoever the two or however many of a small number of you out there appear to be.