Debt - Charges
Discussion
In 2008 a letter landed on my door from a debt recovery company, it was the normal threatening this and that. I new what the debt was for.... we all makes mistakes so anyway.
I arrange my terms of payment not theres, anyway in August this year I thought it was payed off as I did my calculations and was chuffed I had it cleared. I wrote to said company asking them to confirm this. I got a lettter back saying I still owed roughly about £400, it turns out they had been adding interest over this period.
Can they do this?
And secondly when I negotiated my repayment terms I was told there was no interest to be paid, it weas just the amount shown on the letter. I have no proof of this other than a phone call 4 years ago (oh and no name)
Any suggestions or have I gotta just pay the rest off.
I arrange my terms of payment not theres, anyway in August this year I thought it was payed off as I did my calculations and was chuffed I had it cleared. I wrote to said company asking them to confirm this. I got a lettter back saying I still owed roughly about £400, it turns out they had been adding interest over this period.
Can they do this?
And secondly when I negotiated my repayment terms I was told there was no interest to be paid, it weas just the amount shown on the letter. I have no proof of this other than a phone call 4 years ago (oh and no name)
Any suggestions or have I gotta just pay the rest off.
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