Legal Question in Consumer Law in Massachusetts
is it legal to charge interest and late fees on an installment loan when no monthly statement/bill is sent out ?
Asked on 7/26/10, 3:09 pm
1 Answer from Attorneys
Joseph Murray
Joseph M. Murray, Esq.
Yes, if the promissory note or other loan agreement provide for it.
Answered on 7/30/10, 1:01 pm
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