Re: Credit Cards
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by LadynRed
(199.91.33.254) on February 13, 2003 at 15:32:30:
In Reply to: Credit Cards posted by ConfusedOne on February 13, 2003 at 13:50:47:
The OC won't add any more interest to a charged-off account. They assign it to a collection agency and the interest added is allowed in your credit card agreement for their 'assigns'. Usury laws *may* apply if the rate is above what's allowed.
Follow Ups:
Post a Followup
|