Can a DCA add interest..???

[maruvian]

Can a DCA add interest to an account that has been defaulted and sold to them.

I have an account with Link that i was paying until Link took it over two years ago, the first thing that they did was add over £400.00 in interest. I sent a CCA to Link who sent the agreement which does'nt contain a total amount for credit. I pointed this out to Link who went away, i have today recieved a statment and they are still adding interest. I have never recieved a NOA only a letter from Link that says Sale of Your Debt.

They have never tried to enforce this debt it just rears its head every so often.

[Curlyben]

Re: Can a DCA add interest..???

Unless there is a contractual provision that specifically states that this is possible, then they are urinating into some inclement weather

[maruvian]

Re: Can a DCA add interest..???

Not as far as i know just a bog standard credit agreement. This probably why they have never tried to enforce it. Any ideas about the best way to get rid of them.

[Curlyben]

Re: Can a DCA add interest..???

Do you have the agreement handy for me to see ?
Scan it and post would be great, as I can't really offer decent advice without it..

[maruvian]

Re: Can a DCA add interest..???

I will do it tomorrow as i have an early start.