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interest at which money lenders are allowed grand money in m

(Querist) 25 July 2009 This query is : Resolved 
i would like to know at what interest money lenders are allowed to give money to public at the guarentee of check
(bank)?

and what are the laws to avoid the public from harrasement from the money lenders?

whether yhe public can go to court for collecting money at over rate of interest?

SHYAMSUNDAR (Expert) 25 July 2009
Please specify the state.
J K Agrawal (Expert) 26 July 2009
Money lenders act is almost in all states and it regulates all aspects asked by you. Pl search like act in your state. (see Rajasthan money lenders act which provide detail in all respect)


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