High Interest Rates

Good day

I have a loan account which was transferred to MBD attorneys, I have tried to negotiote with them to accept R5000 to close off the account, the consultants are not willing to cooperate with me a Sophie that I had just spoken to put the phone down on me.

I have made arrangements for my other two loans and cannot afford anymore money further than the R5000 offered as when I defaulted on this loan the balance was R4000. It becomes very hard to pay off your loans because of the high interest charged, which I don't understand how they are calculated.

I am really tired of owing you but at the rate that this account is taking and the attitude I get from your designated attorneys, Its becoming hard for me to clear my credit record.