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Nj-new jersey Usury and Regulations
Overview of brand new Jersey Usury Law(s) / Quote: “Legal: 6% / agreement: 16% / Judgment: No particular conditions / Corporate: No specified price”
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Nj-new Jersey Usury Law Information:
Legal optimum Interest Rates: Quote: “6% or as much as 16% for agreement (В§31:1-1); loans more than 30% or 50% in restricted obligation to corporations aren’t allowed (В§2C:21-19)”