I find this website really helpful and I have been reading prior posts about how horrible capital one is. Has anyone ever successfully settled with them? I am about 150 days late and in the hardship department. I have made a settlement offer to them and I have been told that I don't qualify for a settlement. Reading prior posts I see that many people are told the same thing. Has anyone ever settled with capital one? Does the settlement happen after discharge Any help is appreciated.
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.