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General Usury Rate
The director of the Division of Finance is required by Section 408.030(3) RSMo to determine the market rate for usury and to publish it. The rate is generally published approximately three weeks prior to the beginning of each calendar quarter.
(April 1 to June 30, 2008)
The market rate for interest under Section 408.030(3) shall be 7.3% for the period April 1 through June 30, 2008; as an alternative, lenders may charge a rate of 10.0%.
Click here for past General Usury Rates.
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