I have a charged off Auto loan that the amount past due changes every month, I'm guessing because they are both adding the "monthly payment" amount to it until it reaches the balance due after they sold the car and because they are reporting it every month. Fine, it is what it is, I do plan on taking care of this, it's just too much money right now. Anyway, so today I see that my balance has gone up, like a lot ($1315) when it has stayed the same prior to now. Also, the amount past due went up even more ($1750). Is this something they can do, if so, not much I can do I guess, if not though, what can I do?
Also, I logged into my account on the lenders website and it still shows the current balance due as the old amount, not the new amount. Thoughts?
