View Full Version : Telkom charges 17% interest
kaspaas
05-10-2005, 10:05 AM
On the back of my telephone account:
Telkom charges 17% interest on accounts in arrears.
Does anybody know the rate the terrible taxman charges on tax-in-arrears?
VJB 449
05-10-2005, 07:48 PM
10.5%
bekdik
05-10-2005, 09:02 PM
what's the usury rate?
DragonLogos
05-10-2005, 09:45 PM
Bear in mind that big companies like Telkom normally get Prime Minus rates from banks..... Makes you drink, doesn't it
mikef
05-10-2005, 10:19 PM
Usury rate is currently 20% under R10 000 & 17% over R10 000
bekdik
05-10-2005, 10:24 PM
Usury rate is currently 20% under R10 000 & 17% over R10 000
I should have guessed that.