asset acceptance

Asset Acceptance, llc Settling a debt with this company since 2009 @ $100.00 a month, I owe more now than back in 2009?????

20th of Mar, 2011 by User707183

In 2007 I became permantly disabled. My ability to pay my creditors was nearly impossible, so I signed up for credit counseling. By 2009 I was unable to pay the amount needed to stay a part of the credit counseling, so my cards lapsed. I was threatened daily with all that would be done to me and my family if I didn't pay. My bills continued to pile up and I got myself to just pay one bill at a time. That was working for me or so I thought until today. My citibank credit card was sent to Asset Acceptance,LLC and was asked to pay $100.00 per month since 2009 October I believe. This has been a real stretch for me, since my disability only pays 1038. per month and that includes everything. ( I had the money taken out of my checking account monthly and paid directly to them) Today I noticed the balance on the paper they send each month and I assumed it was the original balance. I called them and this woman told me that my balance was 8,456.64. I stated it couldn't be because I had been paying on this bill for 24 months. She told me that the money I pay only takes care of the interest, and that if I could pay more it could take a bit off the principle. I asked her if I am then held hostage to this debt for the rest of my life, and she told me " Sorry I can't help you unless you can pay me more" This is so unjust, and I have no idea what to do about it. Any suggestions? I would think if I was in good faith paying every month for 2 years, that would count for something?

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