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Debt collection agencies
lukemed1
Posts: 511 Forumite
hi all!
I'm currently on a DMP with cccs, had a letter today from 1 of my creditors threatening to pass my account over to a debt collection agency if I don't contact them within 7 days
my question is this;
If the debt was handed over to a debt collection agency, do they continue to charge interest on a weekly/monthly basis?
any info gratefuly recieved!
Best Wishes
Luke;)
I'm currently on a DMP with cccs, had a letter today from 1 of my creditors threatening to pass my account over to a debt collection agency if I don't contact them within 7 days
my question is this;
If the debt was handed over to a debt collection agency, do they continue to charge interest on a weekly/monthly basis?
any info gratefuly recieved!
Best Wishes
Luke;)
0
Comments
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In my experience they don't charge interest.Barclaycard 3800
Nothing to do but hibernate till spring
0
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