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CAPITAL ONE - A new "twist"

Date: Thu, 01/06/2011 - 07:16

Submitted by aubrey
on Thu, 01/06/2011 - 07:16

Posts: 1203 Credits: [Donate]

Total Replies: 8


This is my last credit card to settle. In the past I received an outrageous number of messages left from "Linda". Every time I returned the call someone with a foreign accent badgered me for money. They couldn't/wouldn't discuss settlement. So I ignored further messages. The people were impossible to deal with.

Now the account is with Global Credit & Collection. Recently I received a letter from Capital One telling me to contact Global and that I would be connected to a Customer Care Specialist that Capital One has authorized to "help" me.

With this letter was included a Visa debit card for $50 as a "thank you" gift card - no strings attached for calling them! They give you an activation code and a deadline of 1/26.

Can't wait to see what they "offer".:rolleyes:


OK. I took the bait and called them. My account balance is $1378 and is at 150 days. They were only willing to settle at 80%....

Since the balance is so small and I am close to getting into litigation, I made a deal with the devil. I will pay $271 on the 21st; they will give me a good-will credit on my account of $100 (this is in addition to the $50 debit gift card). That will bring my account up to date, and I can pay the minimum or pay extra each month.

This is my last credit card to pay off, so it's worth it to get rid of them.

So as of 1/21 all my credit card accounts will be settled/paid off. Boy, do I feel like celebrating! It was a long(actually a year) and stressful journey, but I made it.:sun:


lrhall41

Submitted by aubrey on Thu, 01/06/2011 - 11:23

( Posts: 1203 | Credits: )


I am also know as debtor in CA...always have trouble with log -in
Yes, I have posted a few times....I settled my husband's $8, 140 cc debt for $4,400.....we had notified them that we were filing bankruptcy and gave them our attorney's phone number.....we changed our minds after a few months, and they settled for the above after 4 months delinquency......I think I had to call a few times and try to get different people....I will try to remember more and ask my husband if he can remember....It was such a trying time...that I just plowed through it and put it out of my mind.....it can be done!


lrhall41

Submitted by on Thu, 01/06/2011 - 18:44

( Posts: | Credits: )


I'm curous to what was posted to your credit with capital one. Because I have attempted to settle with several of their customer service agents and all of them have informed me that Capital One does not settle account, pay for deletes, or change credit reports in any way unless it was a error on their part. Would love some advice on this one.


lrhall41

Submitted by delly on Tue, 05/29/2012 - 19:55

( Posts: 6 | Credits: )