Are collection agencies allowed to add fee's or interest? My boyfriend received a letter from a collection agency that stated: A) They are adding interest to the initial amount he owed for a medical bill. B) The want to charge him "service fee's" which include a $10 set up fee and 4% service charge, which they are adding to his first payment in a payment plan they proposed to him. He wrote them back in March of 2010 (received with proof CMRR) and received nothing back from them, but they continued to report on his CR (which he wasn't monitoring till I insisted till recently). They wa

i see much of the payday scams info on here, i need help. i checked into the loans and before i knew it, money is deposited in my checking account, i couldnt cancel the loan, i got routed around on the phone, and i am not accepting this, i am not paying and affording these interest rates, this is absurd. i need to get the money back to them, but how safely/. they can say anything and still not properly taking care of the payment, it is 500fast cash & united cash loans i will start getting the calls this week because i have closed my checking account.

I recieved a message on my phone that I had a debt and to contact them before the file charges against me for check fraud. I called them and they informed me after being extremly rude that me that I did not pay off a loan to Check N Go in Fall of 2008. Around that time I lost my job and moved to DC. The loan was in Virginia. I remember paying off the debt because I borrowed the money and paid. I had my son in 2007 and was in a tight spot. When I talked to them I explained I paid it and the guy only gave me 24 hours to send him proof. I should have never called them back...

I am buried in student loans. I was not able to complete medical school due to family crisis and do not make enough to make loan payments. I owe approx $100k and the school loan sharks are trying to hang me (yes im garnished , taxes taken etc) but they still call me all day demanding more while racking up fees (the debt will never go away unless i win the lottery). I have three kids and am thinking of going to my wifes home country of canada. Can the debt follow me there? Does any one really know?

my mother took out a pay day loan two years ago with platinum pay day loans. They have been deducting 50.00 a month from her bank account. Two months ago they started taking out 75.00 and gave her no notice. They have no phone number and she has tried to e-mail them several times. What to do?

Has anyone been able to negotiate a settlement for a lower amount on a accont after a default judgement?

I live in Alabama... I have a settlement against me where my wages were garnished. Now I just found out the same company garnished my checking account too. Can they legally garnish both?

How can I get good independent advise or analysis on the best debt dettlement companies? Thaks Mike

First and foremost, let me THANK all of the people and moderators. Reading the information on this site was incredibly helpful. Ok, the back story. Similar to everyone else's. I had a small $200 loan. The loan company whose name I won't mention in public (email or message me or whatever) took more $1000 too much. I call them to ask what happened and get my money back. They gave me the run around. I got angry. Here's what I did. You can do it too. Don't take any crap from these people. Remember that the customer is always right.

I'm currently 19 years old. I was kicked out of my house when I was 17 so I've really had to fend for myself. Unfortunately, nobody has taught me how to manage my money and I'm currently in debt. The hours were just cut at my work and I'm having a lot of trouble paying my bills. What should I do/whom should I contact?