I wouldn't advise that, until and unless you have another attorney review the entire case, to give you a second opinion on whether or not this was reasonable; if you haven't signed the agreement yet, I would absolutely get that second opinion before you do sign it.
It does look a bit out of line on the face of it, because the interest rate to make that payment schedule on that principal amount is just over 27%. There could, however, be a good explanation for this, if the $1,070 includes more than just interest and principal on that debt.

Are you a lawyer?
![]() |