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Re: Can creditor continue to charge interest after charge-off, forever?


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Posted by christine (67.250.109.188) on July 15, 2002 at 23:26:45:

In Reply to: Re: Can creditor continue to charge interest after charge-off, forever? posted by observer on July 15, 2002 at 13:46:27:

Is there any case law about this? I mean, is the a court case where a judge or jury ruled that adding on additional fees, beyond late fee and over the limit fee is unacceptable? How does a business handle chargeoffs? Are they legally allowed to add the price of the chargeoff paperwork to your credit limit or outstanding balance?


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