Legal Question in Credit and Debt Law in Utah
It is legal to be charged 8% interest on a hospital bill that I'm making regular monthly payments on?
Asked on 9/03/10, 7:08 am
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
If the contract agreement sets intererst at 8% they can charge it on the outstanding amount until paid in full.
Answered on 9/20/10, 8:21 pm