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Can CA charge interests or fees on accounts?
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Posted by Thomas
(64.136.26.227) on November 24, 2003 at 23:42:45:
Is it legal for a CA to chrage interest or a collection on an account? The account is a cell phone agreement and a contract to pay a certain amount if you terminate early. I never received a statement from the Cell Phone company and the first I heard about it was from the CA. I have sent two cease and desist letters CRRR and they both were signed by them. They sent me a copy of the contract, but they are not accounting for any fees they are charging or interest. Everytime they send me a bill, it goes up a few dollars. I stated that they need to account for the entire amount and they refused saying they have validated the debt. I am in California and no where in the contract they sent me does it state that I am liable for interest or collection fees. Also, it does not appear on my Transunion Credit Report. What to do?
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