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CALIFORNIA - does payday loan money judgement continue collecting interest


Are “non performing” loans still “secured?”can small loans be considered gifts for tax purposes?Are US banks required to notify users of debts before passing them to collections?Promissory Note Versus Loan Agreement for Real Estate InvestmentPreparing for Citation to Discover Assets (Creditor)What should I have in writing to say that I'm giving someone an auto loan?Is it legal to deceive someone into following through with an already-signed contract?Can a creditor double their money after a default by joint debtors?Unpaid Wage ClaimWhere could I find interest accrual rates for wage garnishments?













0















I am aware of the 12% statutory interest. I wonder if has the originals contract itnerest.



There is a money judgement against me on a 5000 payday loan at 500% apr. Does the judgement accumualte 500% apr? Will it be worth billions in a few years? Or is it just the statutory interest?









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    0















    I am aware of the 12% statutory interest. I wonder if has the originals contract itnerest.



    There is a money judgement against me on a 5000 payday loan at 500% apr. Does the judgement accumualte 500% apr? Will it be worth billions in a few years? Or is it just the statutory interest?









    share







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    user24836 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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      0












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      0








      I am aware of the 12% statutory interest. I wonder if has the originals contract itnerest.



      There is a money judgement against me on a 5000 payday loan at 500% apr. Does the judgement accumualte 500% apr? Will it be worth billions in a few years? Or is it just the statutory interest?









      share







      New contributor




      user24836 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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      I am aware of the 12% statutory interest. I wonder if has the originals contract itnerest.



      There is a money judgement against me on a 5000 payday loan at 500% apr. Does the judgement accumualte 500% apr? Will it be worth billions in a few years? Or is it just the statutory interest?







      united-states





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      share






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      asked 1 min ago









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