Additional amount addedto balance
Date: Thu, 09/09/2010 - 09:53
I have been dealing with Palisades to pay a bill I have alraedy repaid about $17,000 I just recieved a letter from them and all of a sudden my balance has gone up by $5,000 dollars. Palisades has not been adding interest in the past but I think that that is what they did. Is there anyway to fight this. If they add interest I will have no way to make they payments or ever pay them off. My original debt was with chase credit card.
Have you called or written them to ask what the additional $5000
Have you called or written them to ask what the additional $5000 is for? If it's interest, it will depend on your original contract whether they can charge you or not but "$5000 all of the sudden" sounds a bit unreasonable.
