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magicmom1

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collection agency demanding more money
I made payments to and paid off 2 medical bills that were quite large. Now they want more money. they call me and said its due because it's INTEREST. Or I paid on the interest first, so this is Principal??? It sounds like they are trying to take advantage of me...IDK!

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When a firm is requesting payment for a past due bill, you need to know and be aware of the initial document that you signed.   If it did not include any reference to interest and late payment fees, then they cannot merely charge you these additional fees on top of the amount owed.   Secondly, as you were making payments, if you were not made aware of additional charges, and agreed to the charges, then you may not have any obligation for the additional fees.   When you made you final payment to them, if via check, did you happen to mark on the check  Paid In Full for the final balance.  If you did, and they accepted payment, then your account should then be paid in full with no additional charges imposed.  Not all creditors work on the honor system and will try to secure more money then what is due.   You should require them to show substantian of the original debt, any documents associated with it along with the payment information.   If it includes their own internal company policy, then you may not have any liability for their additional charges if you did not sign any documentation making agreement.

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