cap1 charge off...answer please!!!
Date: Wed, 04/29/2009 - 06:21
i had a cap1 account that went into collections and was charged off as a bad debt. The balance then was about 750.00. This debt was charged off in 12/03. The debt has not been sold and is still with cap 1. Since then interest accrual has brought this account up to 1456. I was allowed to open a second account with my friends at crap1 on 2/03. This account was settled sometime ago, and reflects such appropriately. My questions are:
1. Can OC apply that much interest to this debt?
2. Is this debt allowed to still remain on my credit file? Cap 1 one has a deletion date tu file of 3/2010.
3. I sent a DV letter to ca(nco) involved, and got nothing. Its been over 30 days now and I checked my cf and found the recent updates as of 4/09. I requested it and got noting, do they have to respond directly to my requests instead of posting more crap on credit file?
4. Any known recent class action lawsuits know to pertain to cap1?
%. Should I settle? DOLA was 6/05 according to nco?
1. Can OC apply that much interest to this debt?
2. Is this debt allowed to still remain on my credit file? Cap 1 one has a deletion date tu file of 3/2010.
3. I sent a DV letter to ca(nco) involved, and got nothing. Its been over 30 days now and I checked my cf and found the recent updates as of 4/09. I requested it and got noting, do they have to respond directly to my requests instead of posting more crap on credit file?
4. Any known recent class action lawsuits know to pertain to cap1?
%. Should I settle? DOLA was 6/05 according to nco?
Of course the OC can continue to accrue interest! They still ow
Of course the OC can continue to accrue interest! They still own the debt and the agreement you signed is still in effect.
What has CAP1 done that you need to join a class action?
