Can collection company up the debt

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Can collection company up the debt

savior70

Posted on: 18th Dec, 2009 01:34 am

CAN COLLECTION COMPANY CHARGE INTEREST ON THE LOAN

Total Reply : 2

Hi,

The collection agency can charge interest on the debt. The mortgage agreement has a provision for interest and the interest will continue to accrue till the time you pay off the loan in full.

savior70

Posted on: 18th Dec, 2009 05:13 am

yes the loan can continue to charge interest untill it is paid

SSPINGARN

Posted on: 18th Dec, 2009 05:48 am

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