Capital One
Date: Wed, 04/07/2010 - 21:03
I settled one of Cap One cards at 50% at around 150 days late.
I settled one of Cap One cards at 50% at around 150 days late. It was around $3300 and they took $1650 in two payments. My other cap one card - they simply won't budge off their allowed settlement on the screen - even when I ask to be sent over to Cap One directly (it's currently with NCO). I charge off today and we'll see what happens.
Let us know if you make any progress I would be really interested in hearing about it. This cap one card is my last one.
hmm. well let us know how it goes. i got a cap1 card with around
hmm. well let us know how it goes. i got a cap1 card with around the same balance that my april payment will be the first i've missed. i'll be interested to how your plays out.
They have offered me a settlement, payable in 6 monthly installm
They have offered me a settlement, payable in 6 monthly installments, the % is way to high. I advise pulling the arbitration card for smaller balances. That prevents a lawsuit and they will not pay thousands in arbitration fees + their attornies to collect a small balance. If they do want to go at it, they may still have a hard time finding a forum willing to hear their claim...Now, will that make them more reasonable in not trying to squeeze the life outta people? I'm betting yes...
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