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Does the 2nd still accrue interest when charged off?

Posted on: 12th Feb, 2011 08:07 pm
My 2nd mortgage was charged off to a collections agency, does the loan still accrue interest while in their hands?
Welcome dior,

The collection agency may add late fees and charges if you don't pay off the dues. You should contact the collection agency and set up a payment plan in order to pay off the dues.
Posted on: 13th Feb, 2011 11:05 pm
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