What is the largest percentage a finance company can charge someone with bad credit in Chicago Illinois?

Question by Xavier s: What is the largest percentage a finance company can charge someone with bad credit in Chicago Illinois?
A finance company tried to charge me and my wife 44% interest on a $ 6,000 DOLLAR LOAN.Then told us that the total amount once payed would be $ 12,850 is that predatoryending or what ?

Best answer:

Answer by dmwojo83
I don’t think there is a limit.

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  1. sunshine336 says:

    They can charge what they like it’s up to you to not accept those terms. It’s tough to get a good rate when your credit is shot. Good luck!

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