Interest Charged is Double What is Owed on Account

by Trina
(OKC, OK)

I recently learned of tickets from 1996 that were sent to collections. The tickets were about $2,000 total but the interest charged on the account is now at $3,700. Is there no max that they can charge interest. The collections refuse any less and until paid in full i no longer am eligible for a drivers license.Can they really get away with charging that much interest??