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Need help calculating my collection balance!

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Anonymous
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Re: Need help calculating my collection balance!


@Anonymous wrote:

 

(I will write it word for word in the signed letter)

"I am confirming my client's agreement to accept your offer, that you in your individual capacity agree to be liable and pay the sum of $25,031.35 (representing outstanding principal of $15, 141.84, plus accrued interest of $5,911.95 through 02/28/12, late charges of $863.19, a settlement of the attorney's fees in the amount of $3,028.37 and court costs of $86.00) in the above referenced mtter, plus variable interest at the current rate of 11.15% per annum from 02/28/12 until paid on the outstanding princible balance due."

 

 


I saw this originally, but thought others would.

Could this be throwing the moneky wrench in the whole ideal?

Could the rate have dropped one year and raised another?  says per annum

I guess you need to have them send detailed info on the subject

Message 11 of 11
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