CM
Cedric M

1 reviews | Active since Jul 2019

12 Aug 2021, 08:56

MBD greed

While the current Repo rate is 4.25% per annum MBD legal collections are charging 10% per annum is this allowed? Surely there should be a limit if any on interest charged on bought debt. MDB are also charging a monthly collection fee for what? They are simply taking advantage of people who are struggling.

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