I had an account charged off quite a few months ago. It seems that the account is still accruing interest. I thought this is illegal. I thought once an account is charged off, all they can due is to try to collect the amount owed when the bank charged it off to profit and loss.
Add me to your club. They are the only charge-off (RMA) that is still adding interest. However after a serach on the subject, in another thread, someone said that they can do it.
