How much interest can I charge in Florida for a loan? (rates, income)

[LifeIsGood01]

and can I charge late fees and if so how much?

I'm selling personal property.

[Pitt Chick]

Google is your friend.
There is THIS article, and many more.

[LifeIsGood01]

Originally Posted by Pitt Chick

Google is your friend.
There is THIS article, and many more.

I tried Googling and it was confusing and showed how much companies can charge not personal.

I would only charge like 5% to me safe, but does anyone know how much late fee is legal?

I've seen court shows where loans were nullified because they charged too much but I think it was less than 10%.

[MainLineMommy]

Don't forget that income from the rental/lease of personal property is subject to sales tax in Florida, too.