ChatterBank1 min ago
interest on loan
2 Answers
I took out a loan and a year into the agreement I ran into trouble financially and I was unable to make the payments to the point where the company obtained a county court judgement. The judgement was obtained and an agreement was made that I could afford to pay back (the same amount as before as I found employment and was able to make payments again)
What I want to know will interest gather on the balance like before, or now that judgement has been obtained I will just pay the balance back. Please advise
What I want to know will interest gather on the balance like before, or now that judgement has been obtained I will just pay the balance back. Please advise
Answers
Best Answer
No best answer has yet been selected by rich8888. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.