Pect Collection Services

Pect Collection Services

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21/07/2024

“If you don’t build your dream, someone else will hire you to help them build theirs.”
~Dhirubhai Ambani

12/12/2023

Dupulum rule: Literally translated, in duplum means 'double the amount'. This common law rule provides that interest on a debt will cease to run where the total amount of arrear interest has accrued to an amount equal to the outstanding principal debt.

In uganda, under common law, it means that;
Your debt's interest will stop to run when the total amount of the arrear interest has accumulated into an amount equal to the outstanding principal debt. So in the common law In Duplum Rule the amount repayable is: The outstanding amount at the time when you fell behind on payments.

11/10/2023

Debt denies God the opportunity to provide what we "really" need.
God knows what you need, and he's promised to provide. The problem is we chose to define our needs by our standards, rejecting God's provision as not being enough.

We then do whatever it takes to get what we want, even if it involves borrowing. We fail to realize that sometimes God's way of providing what we need the most is to deny us what we want the most.

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Kampala 3
Kampala
256