I have problem with CIR
Date: Fri, 09/07/2012 - 12:49
I had a $300 limit card with Cap. One, and CIR took over the debt, they put a debt of $2,200 on me !!!!! sent me letter of offer for $700, 800 then 900. I finally response to the offer. Called them and bargained if they can reduce the price to 600, Diana (legal assistant - acts like a lawyer to me) said I have to pay $900 or it will be there forever. I ended the call, and called back in few days later. I thought I could resolve it in a polite manner with them. Diana said I have to pay $2,200 for the debt lol....
I guess she thinks that i call back because i want to pay so she was trying to play cat and mouse with me, trying to earn extra money for the firm. and they said if i dont pay, then it will be in my credit forever. I think they have been so ridiculous after all. Can any one show me what i should do? i want to make a claim for this firm !!
I guess she thinks that i call back because i want to pay so she was trying to play cat and mouse with me, trying to earn extra money for the firm. and they said if i dont pay, then it will be in my credit forever. I think they have been so ridiculous after all. Can any one show me what i should do? i want to make a claim for this firm !!
Capital One would rather sue you than settle that low....and the
Capital One would rather sue you than settle that low....and they do sue on a regular basis. They are very agressive. Keep in mind that the firm that is handling it is following Capital One guidelines and they know what their client will settle for. If you become very difficult, they could end up suing you quicker.
You should've taken the 700 dollar offer when you had it.. Are
You should've taken the 700 dollar offer when you had it..
Are you sure, by the way, the card was charged off at 300? Sounds to me like you were way over the limit. Only way you can get up to 2,200 balance with a 300 limit card is a combination of returned payments, over limit fees, late fees, and interest.
