Collection agency including interest charges
Date: Thu, 11/17/2005 - 16:53
Does a collection agency has the right to add interest in my total debt? I have been asked to pay money along wiht the added interests? Do I have to pay this?
fdcpa laws allow a collection agency to add interest in the tota
fdcpa laws allow a collection agency to add interest in the total amount of outstanding debt. This is permissible only if the original agreement states addition of interest in collection activities. The state laws also allow such collection agencies to add interest charges but it should be stated in the agreement deed.
Unsubstantiated accusations deleted. You are very off-topic her
Unsubstantiated accusations deleted. You are very off-topic here. This forum is for debt related issues, not for you to grind your axe. From a quick Google search looks like you have been at this all night on about 20 different forums. Get a life! - NASCAR_Devil