Why is my closed credit card, currently in collections still accruing interest?

Question

I have another credit card that had been sent collections and the balance never increased.

Answer 1

You must pay your balance in full.

Answer 2

as long as you owe money interest will accure!!!

Answer 3

it must be in the credit card agreement you signed to open it in the first place

Answer 4

Both credit card accounts can be accruing interest.  

If the account has been sold off to a collection agency, you are less likely to see balance increases for the interest -- they will still try to charge you for it.

Answer 5

Interest accrues on credit card debt until the debt is paid in full.

Answer 6

Just because the account is closed doesn't mean you don't ower what you racked up. As long as you leave a balance there it will keep attracting interest. Eventually you'll get a court summons for judgement against you when the creditor decides to sue.