Interest on old debt?
Date: Mon, 09/15/2008 - 13:53
I am creating a payment plan for some debt- and the settlement letters they have sent me have crazy high interest that seems to keep increasing every month. Is this allowable? I live in MA, and I do not know what the interest cap on old debt is in my state, or where to find that info.
First of all check whether the old debts with you have passed th
First of all check whether the old debts with you have passed their statute of limitation.
If sol hasn't expired yet then send them a debt validation letter.
