Can a debt collector add interest or additional charges to my debt?

Generally speaking, debt collectors in Pennsylvania are prohibited from adding interest or additional charges to the debt they are attempting to collect. The Pennsylvania Fair Credit Extension Uniformity Act of 2013 states that debt collectors are not allowed to add interest, fees, or other charges to the total due unless the consumer has agreed to pay them, or the terms of the debt allow for it. This means that a debt collector must have written consent from the consumer before they can add interest or additional charges. Additionally, the Pennsylvania Unfair Trade Practices and Consumer Protection Law requires debt collectors to provide a written notice to the consumer if they are asking for more than the original debt, including interest or additional charges. This written notice must be sent in advance and state the reason for the additional charges. It is important to note that a debt collector may choose to offer a settlement agreement for less than the full amount of the debt. If the consumer agrees to the settlement, additional fees can sometimes be included in the settlement amount. It is important for consumers to understand their rights when dealing with debt collectors to avoid being charged additional fees or interest on a debt. Consumers should always review any offers presented by debt collectors carefully before agreeing to make a payment.

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Can a debt collector add interest or additional charges to my debt?

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