Can someone please help me understand interest rates? I messed up & I owe a debt collector around $3500. I spoke with them yesterday on the phone & he told me it’s 10.5% DAILY. I’m freaking out because that’s a lot of money everyday. I would never be able to catch up or even pay that off. How does that 10.5% daily work? I asked him over & over , it’s daily? He said yes. Can someone please help me understand this.
Submitted June 07, 2024 at 10:31PM by No_Sundae9737 https://ift.tt/C7SfKLy
