Hello my name is ***** ***** I will help you.
I assume they are not a registered lender under the consumer credit act?
Ok. Then they can't claim interest as they are a business.
You owe the debt but not the actual interest. Otherwise this would be a breach of the consumer credit act.
So you owe the debt but not the interest.
Can I clairfy anything for you about this today please?
Yes because they are not registered. It is an illegal transaction. The 1974 still applies.
Does that clarify? Alex
If I could invite you to rate my answer before you go today please, otherwise the site does not credit me for the time spent with you today. Thanks and good luck. Alex