Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Figuring out interest rate?
Hey all, I am back with yet another question. Sorry, I hate to pick your brains and never contribute any advice of my own to other posts but I feel like I'm not great at giving advice with money so I never do it. 
Anyway, I just mailed off my first payment to CC1 (still waiting to hear back from CC2 as to whether they're willing to settle or not) today.
Both credit cards are old debts and I am trying to pay them off now for several reasons. One is because I am finally in a position to make payments. Secondly, the interest keeps accruing plus I want to get my credit score up. I'm also afraid of them garnishing my wages so I figure if I start making payments now, then they won't feel the need to garnish them.
Anyway. CC1 has been sent off to the lawyers. They are the one that filed a judgment against me a while ago. So I called the lawyers today to find out where I should send them my payment. Actually, my parents called them for me (I am deaf and can't talk on the phone) and according to my parents, they were acting like jerks. But I digress.
I asked my parents if they had found out what the interest rate was and they said no. But the laywer did tell them that the interest is 21 cents a day.
So is there a way to figure out my interest rate by that? This may be a stupid question but I honestly have no idea, I've always been bad with money.
After they receive my first payment, I plan on calling them again to find out the interest rate. My parents didn't want to call them back because they were so rude. But I was wondering if there was a quicker way to find out the interest rate.
I do know that as of February 1st, 2013, I owed them $1,859.72, if that helps in figuring the interest rate.
Thanks in advance! 
Re: Figuring out interest rate?
It looks like your interest rate is about 4.12%, based on the numbers you've given. Here's the math if you're interested, or for others who want to check it and let me know if I made a dumb mistake (that rate sounds low to me, but I assume that's just because you were able to settle with the CC company):
balance * (daily interest rate) = daily interest
balance * (APR/365) = daily interest
1859.72 * (APR/365) = 0.21
APR = 0.21 * 365 / 1859.72 = 0.0412, or 4.12%
"You know you're in love when you don't want to fall asleep because reality is finally better than your dreams." - Dr. Seuss