Piggingbacking....

Discussion in 'Credit Talk' started by SweetnSas, Jul 28, 2002.

  1. SweetnSas

    SweetnSas Well-Known Member

    off Quigs post with the FTC Annual report, I was reading a part regarding CA demanding larger payments.

    It says that they can't unless its in the agreement or permitted by law.

    My question is, what agreement (with the CA and the OC?) and how can you find out if by law, they can charge interest, fee, etc?
     
  2. cable666

    cable666 Well-Known Member

    The agreement between you and the OC.

    The problem is that this agreement often has an open-ended clause about such terms. In other words, it says they can charge you for all fees, but put no limit on those fees.
     

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