Even in these times of low interest rates, the rate would not be lower than 6 per cent per annum, meaning an annual interest charge of (Lm250,000 @ 6%) = Lm15,000. Moreover, there is the cost of chasing the debt: credit department salaries, legal fees, telephone and postage costs.
Hata katika nyakati hizi za viwango vya riba, kiwango cha isingekuwa chini kuliko per cent 6 kwa mwaka, kwa maana ya riba ya mwaka malipo ya (Lm250,000 @ 6%) = Lm15,000. Aidha, kuna gharama za Chasing madeni: mishahara idara ya mikopo, ada ya kisheria, simu na gharama postage.