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Florida Statute 687.125 | Lawyer Caselaw & Research
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The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 687
INTEREST AND USURY; LENDING PRACTICES
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F.S. 687.125
687.125 Compounding of interest.—Interest or finance charges on any loan or extension of credit secured by a mortgage which contains a provision for the compounding of interest may be compounded provided the total amount of interest received by the lender as a result of such compounding, including interest upon interest, produces an effective yield which does not exceed any interest rate limitation imposed by applicable law.
History.—s. 47, ch. 82-214.

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Amendments to 687.125


Arrestable Offenses / Crimes under Fla. Stat. 687.125
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