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Can collection company up the debt

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Post Posted: Fri Dec 18, 2009 2:34 am    Post subject: Can collection company up the debt
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CAN COLLECTION COMPANY CHARGE INTEREST ON THE LOAN
Icon Mini Profile savior70





Joined: 25 Mar 2009

Posts: 1895
Location: Florida
261.84 Dollars($)
Post Posted: Fri Dec 18, 2009 6:13 am    Post subject:
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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.
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Joined: 30 Apr 2009

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Location: MATAWAN NJ
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Post Posted: Fri Dec 18, 2009 6:48 am    Post subject:
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yes the loan can continue to charge interest untill it is paid
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SCOTT SPINGARN
BRANCH PARTNER
RBI HOME LOANS
732-290-1888
WWW.RBILOANS.COM
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