How hard it is to settle with capital one? I am about 150 days late and in their hardship department. I offered them a settlement and was told I don\'t qualify for one. Just reading prior posts here it seems that they say that to everyone. Has anyone ever successfully settled with capital one? Do I wait until it charges off? I was also told that I can pay $300 to keep it in the hardship department. Is that legit? Any help/advise is appreciated. Thank you and God bless!
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.