Capital One Charge Off Status
Date: Wed, 06/09/2010 - 19:11
I had an account with Capital One which was eventually charged off as bad debt. Eventually MCM got a hold of the debt. I paid MCM in full.
MCM has updated the status as paid. However for Capital One the status remains as charged off as bad debt.
My question is does Capital have an obligation to update the status??
MCM has updated the status as paid. However for Capital One the status remains as charged off as bad debt.
My question is does Capital have an obligation to update the status??
Nope....capital one is reporting accurately. Your account was c
Nope....capital one is reporting accurately. Your account was charged off. Just because you paid it off doesnt mean the debt becomes good.
