Northland Group send me a collection letter. Should I send a DV?
Date: Tue, 07/15/2008 10:45
Hello, I have a question regarding a letter I received from Northland Group, informing me they have been assigned to collect on an old Capital One card. The card was charged off at $550.00 about four years ago. The letter states I owe $1,043.49. Here is my question, the letter states, "Because of interest that may vary from day to day, the balance due on the day you pay may be greater" I live in Ohio, does anyone know if collection agencies can charge that much interest? Thanks in advance for any clarity on this.
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Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
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