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MMARTINEZ91010 · Posted: Fri Apr 18, 2008 2:38 pm

Hi about a year ago i had about 300 dollars left to pay and i was told that my capitol one had took my account back. I was never sent any type of letter saying that from eighter of the 2 partys. I just want to kno what is going on and why is it still afecting my credit and showing as a 600 dollar non payment?

Posted: Fri Apr 18, 2008 3:53 pm

If Cap One took the account back I suggest you call them and ask what is going on. If you still had a remaining balance of 300 dollars a year ago and haven't made a payment it's possible that 600 dollars of that could reflect late fee's and interest.

Posted: Sat Apr 19, 2008 6:04 am

Interest possibly, late fees I'm not entirely certain of. Remember FDIC standards for mandatory charge offs between 120-180 days.

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