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District of Columbia Code Division V. Local Business Affairs § 28-3602. Finance charge.

Current as of January 01, 2024 | Updated by Findlaw Staff

Such a bank or savings and loan association may contract for and receive interest at the rate provided for in Chapter 33 of this subtitle, or, in lieu of such interest, a finance charge which, if expressed as an annual percentage rate, does not exceed a rate of 21% per annum on the unpaid balances of principal.

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Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 28-3602. Finance charge. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-28-3602/

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