Continuous Accrual After Placement
At the time of placement, advise your Portfolio Manager that you wish to accumulate interest on the debt.
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- Provide a copy of your signed documentation stating that interest may be added in the event the balance is not paid according to terms
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- Provide the interest rate
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- Provide the date of last interest calculation
BARR’s system will continue to calculate and add interest on your behalf while collection efforts are taking place.
One more way to service your AR needs.
For more information about our interest accrual services contact us at 877-654-1234.
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