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Settled with Capital One

Date: Tue, 03/13/2012 - 17:26

Submitted by jameseiv
on Tue, 03/13/2012 - 17:26

Posts: 9 Credits: [Donate]

Total Replies: 3


Well, I settled with Capital One at 50% today. After reading some of the posts and other advice I decided to get that one out of the way first. I am just waiting on the faxed letter before I pay anything.
Is it OK to do a payment over the phone via a checking account or should I send a cashiers check?
I will be getting Settled status per the doc on my credit report. Is that OK?

Now to talk with Chase with 15 days left to charge off and see what Citi has in store for me with prelitigation.

Thanks


Nice job Cap1 at 50%, I couldnt get them below 65%.

I am allowing them to draft my checking acct, first payment went through without any funny business.

Read the back of the doc that they mail to you...

On mine #8 states they will report as "settled with an outstanding balance", does yours?

On the front of mine it does state settled.


lrhall41

Submitted by ioalot on Wed, 03/14/2012 - 10:50

( Posts: 138 | Credits: )