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Extra interest charge

  • Thread starter Thread starter blkleopard
  • Start date Start date

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blkleopard

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I went into collections with a credit card and the agency that has the acccount initial sent me a letter telling me how much I owe. I was not working I could not start paying the debt until a few months later. When I started to make the monthly payments I was not getting any type of invoice confirming the payments I was making. After several messages being left and a few letters being sent I got an invoice saying payment received and what was due on the account. Everytime I sent a payment my balance was getting higher. Come to find out without notice I am getting charged interest. I believe it is 10%. I am wondering if this is legal. I have never been informed from this company that interest would be added to the balance on the account.
 



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