Cap1 Settled

How late were you with Bank of A? What was your balance? Did you settle with them or their collection agency? Congrats on such a great settlement with them.

congrat maggie!! Share how you did it. Cap One is my last one and they are being stubborn - how late did you need to go and was it still with Cap One or did it go to NCO like mine did.

Boa Bal was 24K exact. Settled direct with them Approx 180+ days, they kept saying it was going out the door. Cap1 hardly ever called, settled direct w/ them also 180 + late. Bal approx 9K

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FYI, I just settled with Cap 1 at 203 days at 50% on a $15,000.00 balance. It was serviced by URS just this month. Since Jan. 2010, the acct. was serviced by Alliance. My last payment was in Aug. 2009. I only called them for the first time in Jan. 2010 after settling BA at 30% and Chase at 35% and asking CAP 1 for a settlement. There were no settlement offers until yesterday. I just want to thank everyone who posted on this forum with all the information on what to expect in regards to settlement with CAP 1. "Info to help & Info to know". I then just waited it out, knowing that they settled at 210 days and with money ready to pay. Payments will be in within the next 4 months. The settlement letter was e-mailed to me and then I called them back to set-up the payments. I was able to settle on my own with the help of this forum. Thanks to everyone.

Good for you!!!