ADD Interest
Date: Thu, 02/10/2011 - 00:54
When can a creditor add interest to a debt?
Hi! Welcome to the forums! Creditors normally adds interest to a
Hi!
Welcome to the forums!
Creditors normally adds interest to a debt when you have defaulted on it. They add extra interest on the outstanding balances.
yes.if the original agreement calls for the addition of interest
yes.if the original agreement calls for the addition of interest during collection proceedings or the addition of such interest is allowed under state law. then interest can be added.