Adding Fees, Transaction Fees and Prejudgment Interest - MP3 - Oct. 6, 2016
Adding Fees, Transaction Fees and Prejudgment Interest
Recorded: Oct. 6, 2016
The concept is tempting-adding interest, collection fees or other costs to consumer debts. Before adding such costs to debts, debt collectors must review the terms of the agreement creating the debt and understand relevant federal and state laws.
Kim Rath, Director of Compliance, ACA International, Minneapolis, MN
Karen Scheibe Eliason, Corporate Counsel, ACA International, Minneapolis, MN