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May I just ask What exactly is the agreed interest ? is it a certain percentage or is it 5% over the basic interest?
if it is a private loan there is nothing in the law, only if you had the loan as a consumer. If the loan was paid back in monthly instalments it is calculated monthly if it had to be paid back as a lump sum it is calculated as a lump sum
Tell me the sum the dates and the interest and I am happy to calculate it for you
I am sorry , I ' ll make the question available to other experts