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Interest added to CC after charge off


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Posted by Nikki C. (208.190.181.225) on January 17, 2003 at 12:30:35:

Question...

Cap1 is continuing to add interest to a debt that was charged off 3 years ago. They also keep reaging the date of last activity to try to mess with the SOL date. The debt was cahrged off in '99 for $531. Now, the amount due, according to credit reports, is almost $1000. I haven't gotten a statement from them in over 2 years to show any of the interest they keep adding to the supposedly charged off balance. DOLA on credit reports keep changing. One says 11/98, one says 3/99 and one says 11/99. I have not had any contact with them since 1998!! No payments, no correspondence, nothing. I am patient...can wait for the full 7 years for it to drop...just don't want them to sue. I get itchy fingers to call them, but why kick a sleeping dog?

My question is...can they continue to add interest on a debt that is charged off? Can they continue to change the DOLA date? I live in TX and SOL is 3 years. According to the differnt DOLA's being reported, it seems like a long 3 years. Thanks in advance

Nikki


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