I recently called a debt collector to pay off my d

I recently called a debt collector to pay off my debt; however they informed me that they have charged me interest. The amount I owe is $2304 and the amount they are charging me is $3876. Is this legal?

4 Answers

It is legal. Have you asked the CA to validate the debt?


It is legal. Have you asked the CA to validate the debt?


Does this amount include the interest? If not, then may be what they are charging is legal.


What type of debt?  If the original agreement included interest, then interest can legally acrue.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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