What Fees Can Be Charged on Closed Credit Card Accounts
original creditor: closed account 3/04
What fees are thy allowed to charge on a closed account !
Fees after closed account !
Month after month over limit fees , late fees and interest fees !
even in the middle of settlement they still accurred fees when they were not too ! because they were getting payments for settlement agreement , so because they still accurred fees payments were stopped. the proper amounts of settlement never showed on actual billing other than a letter that payments of 220.00 a month also actual settlement never showed on the billing statements and only 1 month after this account was closed did fees not appear and this was before settlement agreement
This was disputed repeatedly with original company and with credit bureas and original card account holder would never verify Debt validation letter asking for all history were never responded to propertly ! after a period of
2 1/2 yrs (8 /06 )and refusal to verify the company sold debt to a bad debt collector which was asked for verification and has not complied either but now they are sueing can any one help one that lives in pa with correct laws to stop these thievies ! these are companys that break all the laws in the fair credit practices acts and so far they have gotten away with it !
this person would like to fight with out an attorney if possible !
Re: What Fees Can Be Charged on Closed Credit Card Accounts
If you pay off your balance and close the account, there shouldn't be any fees after that point in time. If you don't pay off your balance, the credit card contract will govern the fees and interest which can be charged on your outstanding balance.
Re: What Fees Can Be Charged on Closed Credit Card Accounts
Account was closed on 3/04
by company
later they came in for settlement
but they did not comply with the terms that was agreed on !
and was adding late fees and over the limit fees and interest on every month but 1 after they closed account ! They also pulled more bolony when they were called told a stop a payment ATM check by phone several days later they still tried to collect ! of course there was a stop payment on that check so they did not get the money for that payment they still never have validated the debt which is suppose to be the law that every individual has the right to request !
Re: What Fees Can Be Charged on Closed Credit Card Accounts
Just to let all know I was stood up at the hearing they sued ,
never showed up ,,
Now I have $0 balanced
and they have 10 day to appeal ,,
but District magistrate told me to show all of the proofs that I showed her and They don't have a leg to stand on !! Also I was called by attorney Generals office and they are investigating the credit card company for illegal activities and they may go after them themselves !!
Re: What Fees Can Be Charged on Closed Credit Card Accounts
this is rediculous I won but credit bureas will still not remove ! and the company even undated credit records showing the cost of the court that they paid for the hearing they did not show up at that I did and won ! Can I sue or something ?:wallbang:
Re: What Fees Can Be Charged on Closed Credit Card Accounts
If you have a final judgment showing a $0 balance on this debt, they should be respecting that judgment and reporting a $0 balance. You may wish to pursue a FDCPA case, either with the help of a local lawyer (if you can find one) or perhaps in small claims court.
Re: What Fees Can Be Charged on Closed Credit Card Accounts
Oh I most definately got a ( $0.00 ) bal right on the court papers but bureas ill not pay attention an the place that sued did not even show up for hearing and on top of that they added on the fees for the hearing to what they were saying was the original bal. and updated this on credit reports !
I will check out this wb site and see if they can help I do believe this is to a point now that I may end up with a free lawyer knowing this place is harrassing ! still sending bills and false info !
Thank you for the response !
Still really confused as to how bad these people can mess with folks like me in situations like this :confused: