How many points can you put on a brokered commercial loan in the state of Georgia?
#86434. Asked by miiii1795. (Sep 25 07 10:54 PM)
A car loan can garner as much as 33%.|
A pawn loan can garner as much as, hold on to your hat, 300%. That is 25% per month!!!! Wow
I know this because I was the Pawnbrokers/Auto Loan/Bail Bondsman's best friend for seven years in greater Atlanta.
Look up OCGA 16-9-51.
Great tool in the recovery of loan collateral.
"(b) A person who destroys, removes, conceals, encumbers, transfers, or otherwise deals with property subject to a security interest with intent to hinder enforcement of that security interest and in so doing does damage to such property in an amount greater than $500.00 shall be guilty of a misdemeanor of a high and aggravated nature."
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