Jump to content

have you had luck with good will letters to Cap One?


Recommended Posts

I have 2 accounts with cap one that were verified. Should I write them a goodwill letter to settle? Has anyone ever settled with them while a CA has the account? We owe over 2,100.00 but NCO sent us a letter stating they would settle for 1130.00 for one of the accounts. What should I do? Liz

Link to comment
Share on other sites

I just recently had an experience with Cap 1 myself.

I have 2 cards with them, one for about 4 years, one for the last 2.

The older card had multiple late pays because of a work layoff, but I've been current for almost 2 years on it.

Well, I sent of a goodwill letter, and just for kicks, disputed it as never late with the CRA at the same time.

Well, about 2 weeks after I sent the goodwill letter I got a snail mail from Eugene Cook at Cap 1 saying, sorry the information was correct and they can't change it. I was kinda bummed.

Then I get the notice from Experian that my credit file has been updated.

Lo and Behold the late pays went buh bye on the CRA reports.

So, I guess the point of the ramble is, it couldn't hurt. It worked for me!

Good luck

Link to comment
Share on other sites

This topic is now closed to further replies.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.