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What is the name of your state (only U.S. law)? CALIF
About 3 yrs. ago a Townhouse on a nearby street, in our complex, had geological problems that were not covered by insurance. Instead of borrowing the money from a bank, the Board of Directors decided to self fund, then charge a special...
IS there a limit to auto insurance financing fees in CAlif. ? The info. on usury fees does not specifiy a maximum.
The Insurance co. is charging us 21% financing interest PER MONTH. They take the premium out of our checking account.
If we paid the 6 month premium we would not have to pay that...
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