|
|
|
|
|
-
How is interest calculated?
-
Interest is calculated at 10% annually, or .00833
per month on the declining balance.
-
Why wasn’t I advised about interest earlier
than now?
-
All billings, as well as all court orders from
the middle of the year 1993 forward, refer to
interest. Prior to the notification you received,
interest has always been a law in the State of
California.
|
|
Back to Frequently Asked
Questions
|
