Compounding of interest
Source:
Section 687.125 — Compounding of interest, https://www.flsenate.gov/Laws/Statutes/2024/0687.125 (accessed Aug. 7, 2025).
687.01
Rate of interest in absence of contract 687.02
“Usurious contracts” defined 687.03
“Unlawful rates of interest” defined 687.04
Penalty for usury 687.05
Provisions for payment of attorney’s fees 687.06
Attorney’s fee in enforcing nonusurious contracts 687.08
Person lending money to give borrower receipt for payments 687.09
Persons accepting chattel mortgage as security for loans under $100 to cause amount as principal, interest, and fees to be inserted 687.10
Not applicable to chartered banks, trust companies, building and loan associations, savings and loan associations, or insurance companies 687.12
Interest rates 687.13
International transactions 687.14
Definitions 687.15
Benchmark replacements for the London Interbank Offered Rate 687.031
Construction, ss 687.071
Criminal usury, loan sharking 687.125
Compounding of interest 687.141
Loan brokers 687.142
Responsibility of principals 687.143
Loan brokers 687.144
Investigations 687.145
Injunction to restrain violations 687.146
Criminal penalties 687.147
Actions for damages 687.148
Duties and powers of the commission and office 687.0303
“Line of credit” defined 687.0304
Credit agreements
Rate of interest in absence of contract 687.02
“Usurious contracts” defined 687.03
“Unlawful rates of interest” defined 687.04
Penalty for usury 687.05
Provisions for payment of attorney’s fees 687.06
Attorney’s fee in enforcing nonusurious contracts 687.08
Person lending money to give borrower receipt for payments 687.09
Persons accepting chattel mortgage as security for loans under $100 to cause amount as principal, interest, and fees to be inserted 687.10
Not applicable to chartered banks, trust companies, building and loan associations, savings and loan associations, or insurance companies 687.12
Interest rates 687.13
International transactions 687.14
Definitions 687.15
Benchmark replacements for the London Interbank Offered Rate 687.031
Construction, ss 687.071
Criminal usury, loan sharking 687.125
Compounding of interest 687.141
Loan brokers 687.142
Responsibility of principals 687.143
Loan brokers 687.144
Investigations 687.145
Injunction to restrain violations 687.146
Criminal penalties 687.147
Actions for damages 687.148
Duties and powers of the commission and office 687.0303
“Line of credit” defined 687.0304
Credit agreements