Charles Schwab - Revision history

Banana at 01:54, 16 February 2026

2026-02-16T01:54:26Z

← Older revision		Revision as of 01:54, 16 February 2026
Line 13:		Line 13:
	==Select business and consumer practices==		==Select business and consumer practices==
	===Interest rates charged===		===Interest rates charged===
	Charles Schwab may be charging customers an interest rate higher than the maximum rate permitted by statutory laws in certain jurisdictions within the United States. For example, the 2024 Maryland Code, Commercial Law § 12-102<ref>[https://law.justia.com/codes/maryland/commercial-law/title-12/subtitle-1/section-12-102/ 2024 Maryland Code, Commercial Law § 12-102]</ref>, sets a maximum interest rate of 6% per annum. Texas, where Charles Schwab Headquarters are based, has a maximum interest rate of 10%<ref>{{Cite web \|title=Texas Constitution Section 16 \|url=https://statutes.capitol.texas.gov/Docs/CN/htm/CN.16.htm#16.11 \|url-status=live \|archive-url=http://web.archive.org/web/20260114115154/https://statutes.capitol.texas.gov/Docs/CN/htm/CN.16.htm \|archive-date=14 Jan 2026}}</ref>. However, Charles Schwab does not explicitly state that it restricts its interest rates from exceeding 6% for customers residing in Maryland. It is worth noting, however, that other companies offering brokerage services also publicly advertise similarly high (and less favorable) interest rates to customers. As of February 2025, the publicly accessible website for Charles Schwab lists a margin loan interest rate ranging from 10.825% to 12.575%.<ref>[https://www.schwab.com/margin/margin-rates-and-requirements Charles Schwab website]</ref>		Charles Schwab may be charging customers an interest rate higher than the maximum rate permitted by statutory laws in certain jurisdictions within the United States. For example, the 2024 Maryland Code, Commercial Law § 12-102<ref>[https://law.justia.com/codes/maryland/commercial-law/title-12/subtitle-1/section-12-102/ 2024 Maryland Code, Commercial Law § 12-102] ([http://web.archive.org/web/20250708180921/https://law.justia.com/codes/maryland/commercial-law/title-12/subtitle-1/section-12-102/ Archived])</ref>, sets a maximum interest rate of 6% per annum. Texas, where Charles Schwab Headquarters are based, has a maximum interest rate of 10%<ref>{{Cite web \|title=Texas Constitution Section 16 \|url=https://statutes.capitol.texas.gov/Docs/CN/htm/CN.16.htm#16.11 \|url-status=live \|archive-url=http://web.archive.org/web/20260114115154/https://statutes.capitol.texas.gov/Docs/CN/htm/CN.16.htm \|archive-date=14 Jan 2026}}</ref>. However, Charles Schwab does not explicitly state that it restricts its interest rates from exceeding 6% for customers residing in Maryland. It is worth noting, however, that other companies offering brokerage services also publicly advertise similarly high (and less favorable) interest rates to customers. As of February 2025, the publicly accessible website for Charles Schwab lists a margin loan interest rate ranging from 10.825% to 12.575%.<ref>[https://www.schwab.com/margin/margin-rates-and-requirements Charles Schwab website] ([http://web.archive.org/web/20260131230617/https://www.schwab.com/margin/margin-rates-and-requirements Archived])</ref>

	==References==		==References==
	<references />		<references />
	[[Category:Charles Schwab]]		[[Category:Charles Schwab]]

Banana: Added archive URLs for 1 citation(s) using CRWCitationBot

2026-02-16T01:52:42Z

Added archive URLs for 1 citation(s) using CRWCitationBot

← Older revision		Revision as of 01:52, 16 February 2026
Line 13:		Line 13:
	==Select business and consumer practices==		==Select business and consumer practices==
	===Interest rates charged===		===Interest rates charged===
	Charles Schwab may be charging customers an interest rate higher than the maximum rate permitted by statutory laws in certain jurisdictions within the United States. For example, the 2024 Maryland Code, Commercial Law § 12-102<ref>[https://law.justia.com/codes/maryland/commercial-law/title-12/subtitle-1/section-12-102/ 2024 Maryland Code, Commercial Law § 12-102]</ref>, sets a maximum interest rate of 6% per annum. Texas, where Charles Schwab Headquarters are based, has a maximum interest rate of 10%<ref>{{Cite web \|title=Texas Constitution Section 16 \|url=https://statutes.capitol.texas.gov/Docs/CN/htm/CN.16.htm#16.11}}</ref>. However, Charles Schwab does not explicitly state that it restricts its interest rates from exceeding 6% for customers residing in Maryland. It is worth noting, however, that other companies offering brokerage services also publicly advertise similarly high (and less favorable) interest rates to customers. As of February 2025, the publicly accessible website for Charles Schwab lists a margin loan interest rate ranging from 10.825% to 12.575%.<ref>[https://www.schwab.com/margin/margin-rates-and-requirements Charles Schwab website]</ref>		Charles Schwab may be charging customers an interest rate higher than the maximum rate permitted by statutory laws in certain jurisdictions within the United States. For example, the 2024 Maryland Code, Commercial Law § 12-102<ref>[https://law.justia.com/codes/maryland/commercial-law/title-12/subtitle-1/section-12-102/ 2024 Maryland Code, Commercial Law § 12-102]</ref>, sets a maximum interest rate of 6% per annum. Texas, where Charles Schwab Headquarters are based, has a maximum interest rate of 10%<ref>{{Cite web \|title=Texas Constitution Section 16 \|url=https://statutes.capitol.texas.gov/Docs/CN/htm/CN.16.htm#16.11 \|url-status=live \|archive-url=http://web.archive.org/web/20260114115154/https://statutes.capitol.texas.gov/Docs/CN/htm/CN.16.htm \|archive-date=14 Jan 2026}}</ref>. However, Charles Schwab does not explicitly state that it restricts its interest rates from exceeding 6% for customers residing in Maryland. It is worth noting, however, that other companies offering brokerage services also publicly advertise similarly high (and less favorable) interest rates to customers. As of February 2025, the publicly accessible website for Charles Schwab lists a margin loan interest rate ranging from 10.825% to 12.575%.<ref>[https://www.schwab.com/margin/margin-rates-and-requirements Charles Schwab website]</ref>

	==References==		==References==
	<references />		<references />
	[[Category:Charles Schwab]]		[[Category:Charles Schwab]]

Bythmusters: Copied info from infobox to cargo

2026-01-25T14:20:55Z

Copied info from infobox to cargo

← Older revision		Revision as of 14:20, 25 January 2026
Line 1:		Line 1:
	{{StubNotice}}		{{StubNotice}}
	{{~~InfoboxCompany~~		{{CompanyCargo
	\| ~~Name~~ = ~~Charles Schwab~~		\|Description=
	~~\| Type = Public~~		\|Founded=1971
	\| Founded = 1971		\|Industry=Financial
	\| Industry = Financial		\|Logo=Charles Schwab.png
	\| ~~Official~~ Website = https://schwab.com		\|ParentCompany=
	~~\| Logo = Charles Schwab.png~~		\|Type=Public
			\|Website=https://schwab.com
	}}		}}

	'''[[Wikipedia:Charles Schwab Corporation\|The Charles Schwab Corporation]]''' is a US-based company providing brokerage and financial services.		'''[[Wikipedia:Charles Schwab Corporation\|The Charles Schwab Corporation]]''' is a US-based company providing brokerage and financial services.

2605:A601:A0DC:B500:AD5B:A817:1128:745A: I did some investigation on this and added a source about Texas's laws around Usury. It's not really eloquently added so if someone who is more knowledgeable about citations and formatting wants to fix this up please do so, i just wanted to add my piece here.

2025-09-22T12:26:26Z

I did some investigation on this and added a source about Texas's laws around Usury. It's not really eloquently added so if someone who is more knowledgeable about citations and formatting wants to fix this up please do so, i just wanted to add my piece here.

← Older revision		Revision as of 12:26, 22 September 2025
Line 13:		Line 13:
	==Select business and consumer practices==		==Select business and consumer practices==
	===Interest rates charged===		===Interest rates charged===
	Charles Schwab may be charging customers an interest rate higher than the maximum rate permitted by statutory laws in certain jurisdictions within the United States. For example, the 2024 Maryland Code, Commercial Law § 12-102<ref>[https://law.justia.com/codes/maryland/commercial-law/title-12/subtitle-1/section-12-102/ 2024 Maryland Code, Commercial Law § 12-102]</ref>, sets a maximum interest rate of 6% per annum. However, Charles Schwab does not explicitly state that it restricts its interest rates from exceeding 6% for customers residing in Maryland. It is worth noting, however, that other companies offering brokerage services also publicly advertise similarly high (and less favorable) interest rates to customers. As of February 2025, the publicly accessible website for Charles Schwab lists a margin loan interest rate ranging from 10.825% to 12.575%.<ref>[https://www.schwab.com/margin/margin-rates-and-requirements Charles Schwab website]</ref>		Charles Schwab may be charging customers an interest rate higher than the maximum rate permitted by statutory laws in certain jurisdictions within the United States. For example, the 2024 Maryland Code, Commercial Law § 12-102<ref>[https://law.justia.com/codes/maryland/commercial-law/title-12/subtitle-1/section-12-102/ 2024 Maryland Code, Commercial Law § 12-102]</ref>, sets a maximum interest rate of 6% per annum. Texas, where Charles Schwab Headquarters are based, has a maximum interest rate of 10%<ref>{{Cite web \|title=Texas Constitution Section 16 \|url=https://statutes.capitol.texas.gov/Docs/CN/htm/CN.16.htm#16.11}}</ref>. However, Charles Schwab does not explicitly state that it restricts its interest rates from exceeding 6% for customers residing in Maryland. It is worth noting, however, that other companies offering brokerage services also publicly advertise similarly high (and less favorable) interest rates to customers. As of February 2025, the publicly accessible website for Charles Schwab lists a margin loan interest rate ranging from 10.825% to 12.575%.<ref>[https://www.schwab.com/margin/margin-rates-and-requirements Charles Schwab website]</ref>

	==References==		==References==
	<references />		<references />
	[[Category:Charles Schwab]]		[[Category:Charles Schwab]]

InTransparencyWeTrust at 20:35, 4 March 2025

2025-03-04T20:35:14Z

← Older revision		Revision as of 20:35, 4 March 2025
Line 17:		Line 17:
	==References==		==References==
	<references />		<references />
	[[Category:~~Financial services companies]]~~		[[Category:Charles Schwab]]
	~~[[Category:Investment management companies]]~~
	~~[[Category:Online brokerages]]~~
	~~[[Category:Usury~~]]

Emanuele: made form corrections and added references

2025-01-31T19:51:18Z

made form corrections and added references

← Older revision		Revision as of 19:51, 31 January 2025
Line 13:		Line 13:
	==Select business and consumer practices==		==Select business and consumer practices==
	===Interest rates charged===		===Interest rates charged===
	Charles Schwab may be charging customers a higher ~~rate of interest~~ than the maximum ~~allowed~~ rate ~~named in~~ statutory laws in ~~some~~ jurisdictions in the United States. For example, the 2024 Maryland Code Commercial law ~~sec~~. 12-102 ~~states~~ a maximum rate ~~of interest~~ of 6% per annum, ~~but~~ Charles Schwab does not ~~specify~~ that it ~~does not allow~~ its interest rates ~~to go above~~ 6% for customers residing in Maryland. It is worth noting, however, that other companies ~~providing~~ brokerage services publicly advertise similarly high (less favorable) interest rates to customers. As of ~~January 19,~~ 2025, the publicly ~~facing~~ website for Charles Schwab ~~cites~~ a margin-loan interest rate ~~(as of December 20, 2024) of between~~ 10.825% ~~and~~ 12.575%.		Charles Schwab may be charging customers an interest rate higher than the maximum rate permitted by statutory laws in certain jurisdictions within the United States. For example, the 2024 Maryland Code, Commercial Law § 12-102<ref>[https://law.justia.com/codes/maryland/commercial-law/title-12/subtitle-1/section-12-102/ 2024 Maryland Code, Commercial Law § 12-102]</ref>, sets a maximum interest rate of 6% per annum. However, Charles Schwab does not explicitly state that it restricts its interest rates from exceeding 6% for customers residing in Maryland. It is worth noting, however, that other companies offering brokerage services also publicly advertise similarly high (and less favorable) interest rates to customers. As of February 2025, the publicly accessible website for Charles Schwab lists a margin loan interest rate ranging from 10.825% to 12.575%.<ref>[https://www.schwab.com/margin/margin-rates-and-requirements Charles Schwab website]</ref>

	==References==		==References==
	~~https:~~/~~/www.schwab.com/margin/margin-rates-and-requirements~~		<references />

	[[Category:Financial services companies]]		[[Category:Financial services companies]]
	[[Category:Investment management companies]]		[[Category:Investment management companies]]
	[[Category:Online brokerages]]		[[Category:Online brokerages]]
	[[Category:Usury]]		[[Category:Usury]]

Keith at 17:28, 25 January 2025

2025-01-25T17:28:48Z

← Older revision		Revision as of 17:28, 25 January 2025
Line 1:		Line 1:
			{{StubNotice}}
	{{InfoboxCompany		{{InfoboxCompany
	\| Name = Charles Schwab		\| Name = Charles Schwab

SncEkln7Q at 07:03, 24 January 2025

2025-01-24T07:03:53Z

← Older revision		Revision as of 07:03, 24 January 2025
Line 21:		Line 21:
	[[Category:Investment management companies]]		[[Category:Investment management companies]]
	[[Category:Online brokerages]]		[[Category:Online brokerages]]
			[[Category:Usury]]

SncEkln7Q: erratum in name

2025-01-24T06:56:52Z

erratum in name

← Older revision		Revision as of 06:56, 24 January 2025
Line 13:		Line 13:
	==Select business and consumer practices==		==Select business and consumer practices==
	===Interest rates charged===		===Interest rates charged===
	Charles Schwab may be charging customers a higher rate of interest than the maximum allowed rate named in statutory laws in some jurisdictions in the United States. For example, the 2024 Maryland Code Commercial law sec. 12-102 states a maximum rate of interest of 6% per annum, but ~~[[Ally Invest]]~~ does not specify that it does not allow its interest rates to go above 6% for customers residing in Maryland. It is worth noting, however, that other companies providing brokerage services publicly advertise similarly high (less favorable) interest rates to customers. As of January 19, 2025, the publicly facing website for Charles Schwab cites a margin-loan interest rate (as of December 20, 2024) of between 10.825% and 12.575%.		Charles Schwab may be charging customers a higher rate of interest than the maximum allowed rate named in statutory laws in some jurisdictions in the United States. For example, the 2024 Maryland Code Commercial law sec. 12-102 states a maximum rate of interest of 6% per annum, but Charles Schwab does not specify that it does not allow its interest rates to go above 6% for customers residing in Maryland. It is worth noting, however, that other companies providing brokerage services publicly advertise similarly high (less favorable) interest rates to customers. As of January 19, 2025, the publicly facing website for Charles Schwab cites a margin-loan interest rate (as of December 20, 2024) of between 10.825% and 12.575%.

	==References==		==References==

SncEkln7Q: typo in category

2025-01-24T06:52:00Z

typo in category

← Older revision		Revision as of 06:52, 24 January 2025
Line 20:		Line 20:
	[[Category:Financial services companies]]		[[Category:Financial services companies]]
	[[Category:Investment management companies]]		[[Category:Investment management companies]]
	[[Category:Online ~~Brokerage~~]]		[[Category:Online brokerages]]