Miss statement on what is owed in letter.
Date: Wed, 09/30/2009 - 20:34
I recently received a letter from Firstsource Advantage on an account I was working with till July. The letter states I have an account balance of $150.66 but when I talked to them they state that it is $400 and collecting interest. Are they allowed to 'bait and switch' like this? The Supervisor claims he can settle for almost $300 if I do it now. I think this is bunk and would like an opinion on what my next move should be.
What is 'collection interest'? Collection agencies can't add int
What is 'collection interest'? Collection agencies can't add interest to the account.
Firstsource Advantage seems to be quite popular with their unethical practices. Check out the following link. Hope you have all the communications in writing. IMO its time to take action against them.
http://www.debtconsolidationcare.com/collection-agencies/first-source-advantage.html
