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View Full Version : I made a Verbal Agreement for borrowed money then they add interest to the loan?


Raehound1
Apr 14, 2009, 12:44 PM
I borrowed some money to help me out of a bind. I have paid off some of the loan but than he has added interest to it. He did not state that at the time of the loan that I would have to pay interest on top of the $5,000 borrowed. What is binding and fair.

Let me know this was my Ex Boyfriend. Should I seek legal help to arrange a fair payment plan ?

I am in a bind just as he's in a bind now and is getting on my case. I also have some mental health issues which I am dealing with now to get myself healthy again.

Thanks
Raehound

Clough
Apr 14, 2009, 11:13 PM
Hi, Raehound1!

Greetings and WELCOME to the site! I just moved your question that you had posted in Introductions to this forum topic area so that it will get the most exposure to those who are best able to answer it. Introductions is for people to introduce themselves and we try to not ask questions there.

It can be a little confusing when first learning how to use this site! Your question will get noticed much more in this forum topic area.

We would appreciate it if you would return to Introductions sometime to tell us a little about yourself though, if you would be willing to do that.

Thanks!