Because banks were having trouble deciding what was reasonable, we have gravitated toward 1 percent of the principal. This is not a hard and fast rule, and banks may establish other payment amounts.
We can't really comment [on the impact of the decision]. We just let the letters speak for themselves.
We thought that was something that wasn't right. The minimum payment should have some effect on reducing the debt.
What is a reasonable amount? One percent of the balance was what was decided to be reasonable.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.