Hi I need some help from the experts Where do I find out what Cap1 can continue to charge for a charged off acct.. This acct was charged off according to my credit reports I guess in 10/00 its status is r-9 date of last activity is 10/99. BUT in Jan when I had a friend/morgage broker run a trimerged report the amount past due was 1999.00. Now my current reports show an amount past due as 2162.00....Cap1 update every month like clockwork... I'm not sure what laws etc. I am looking for regarding adding intrest/finance charged to a charged off actt. I want to be sure they are being honest and I know what I'm doing before before I try to settle with them. Thanks Jamie
I am not sure whether you saw my reply on your previous post or not but have you sent a validation letter yet?
