Consumer complaint received 2023-12-15
Company: T.S. Holdings
State: NV
Product: Debt collection
Sub-product: Rental debt
Issue: False statements or representation
Sub-issue: Attempted to collect wrong amount

Complaint:
I have sent multiple requests for verification that I owe this debt to this company countless times and have received no response. They are continuously charging interest on a supposed rental collection, the total balance is perpetually rising and increasing to an astronomical amount. I have asked for proof of their right to even charge me interest for this type of account, still did not receive any response. I do not owe anything that matches this balance whatsoever.

The bureaus seem to allow them to keep getting away with charging me a balance that I do not owe, and giving them permission to increase the balance perpetually, due to unknown reasons. How can a rental lease collection account charge perpetual interest if the alleged original account already charged off the debt. This is illegal. I have lost everything due to Covid-19 back in 2022, I have also mentioned this to this company, still no response or regard to my situation or request for information. 

I will never be able to afford this account even if I did claim this as a valid debt. It is literally ruining my life. I can't even get a car for transportation to get to work, or rent anywhere to stay, and the balance just keeps getting higher and higher. It was around {$8700.00} at first, now it's around {$9500.00}. Seriously, can you guys please consider deleting this account from my report as a courtesy of goodwill due to it affecting someone's quality of life significantly and their inability to recover due to this being a monolithic obstacle to achieving financial stability? According to the CFPB 's own words, and I quote. 

" A debt collector may not collect any interest or fee not authorized by the agreement or by law.

The interest rate or fees charged on your debt may be increased if your original loan or credit agreement permits it and no law prohibits the increase, or if state law expressly permits the interest or fee. '' Sources : Can a debt collector increase the interest rate on a debt I owe?. Consumer Financial Protection Bureau. ( XXXX XXXX XXXX XXXX XXXX XXXX  Collecting Interest on Charged Off Debts and How Debt XXXX Must Disclose the Accrual of Interest to the Debtor '' Collecting interest on charged off debts and how debt XXXX must CFPB. ( XXXX XXXX XXXX XXXX XXXX  I understand you bought this account for pennies on the dollar, but I will not be able to pay any of it, neither do I claim this debt or balance as valid. I am virtually homeless, and have a XXXX, and I need my credit to obtain resources to help me recoup. If you can provide validation and your permission that this debt is valid and you are allowed to collect this debt, I will then consider trying to pay at most {$75.00}, that's all I can afford seriously. If you can not provide the proof please remove this account. 

This account is affecting my life so much, I have no other option but to continuously pursue fighting this debt. So if you want to keep the account on my report thinking I will pay something, I can not. I will keep disputing it, and take any actions necessary due to my conviction that this account is not valid, and that I do not owe this balance. 

Thank you

Company response to consumer: Closed with explanation