Repo amount steadily increasing? HOW?!

[Anonymous]

I voluntarily surrendered my car a year ago when I lost my job. I owed $10,440 on the car and they said it sold at auction in March of this year for $1500. My credit report shows a balance now of $12,800 and every month it INCREASES by a few hundred dollars. It is killing my score which is already suffering. How can it still be increasing?

[rmduhon]

It could be interest or fees that have been added.

[stellar]

I would just ignore the fact that they are adding ridic fees.  Bc they will likely accept the 10k and most likely pfd anyway.  Probably would accept way less.

[RobertEG]

Debt collectors are permitted to add fees, including interest or other permissible collection fees, provided they are explicitly permitted in the account agreement that created the debt.

What is stated in the original contract that created the debt?