I have a credit card that was sent to Arrow Financial in Chicago. I thought that once a credit card went to collection that theyt copuld no longer charge you interest and fees. I called to make a deal in november and the balance was 808.87 now the bill is 866.01.I was willing to pay it off then but they would not bend on how they would report it so I paid something eles off in order to take a step towards fixing my credit.Please tell me are they allowed to up the balance owed like this . Account has been in collection since 4/2001.
Re: arrow financial services they can still charge you fees on the account. have you tried offering a settlment?
Re: arrow financial services yes i have they offered me a settlement of $433.84 good until April 4. I guss I should take it.
