About Apex Credit Services, LLC Expertise Our expertise encompasses the legal frameworks under the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, the Fair and Accurate Credit Transactions Act amendments to the FCRA, and the FCRA. We are also well versed in Tennessee and West Virginia consumer law as well as Texas consumer law.
DISCLAIMER: NO PART OF ANY COMMUNICATION FROM APEX CREDIT SERVICES, LLC IS TO BE CONSTRUED AS LEGAL ADVICE. APEX CREDIT SERVICES, LLC IS NOT A LAW FIRM. SHOULD YOU SEEK LEGAL ADVICE, CONSULT A LICENSED ATTORNEY IN YOUR JURISDICTION.
Experience Our staff is comprised of CCPA experts. Apex Credit Services, LLC, which is a registered, licensed, and bonded credit services organization and certified by the Consumer Data Industry Association.
Question I recently contacted a collection agency that I was making monthly payments to and they proceded to tell me that my monthly payments weren't even covering the accruing interest. When I made the monthly agreement, I was told it would no longer collect interest, but they deny that. I've been paying for 14 months. Can they do this? The credit card debt was sold to collections 5 years ago. Can they really continue to charge interest?
Answer Jonell:
No, not unless their purchase included language of such right. I doubt that it did insofar as most debt purchases are purchased in large portfolios with scant information.
