District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 28-3602: Finance charge.

Where this section sits in the code

Title 28. Commercial Instruments and Transactions. [Enacted title]
Chapter 36. Direct Motor Vehicle Installment Loans.

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.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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