Lizzy Posted May 22, 2003 Report Share Posted May 22, 2003 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 More sharing options...
skdigi Posted May 26, 2003 Report Share Posted May 26, 2003 how old are the accounts? Link to comment Share on other sites More sharing options...
Lizzy Posted May 26, 2003 Author Report Share Posted May 26, 2003 <blockquote>Originally posted by skdigihow old are the accounts?</blockquote>One was opened in 11/97 scheduled to remain om report until 1-2007, the other in 10/96 will remain until 5-2007 Link to comment Share on other sites More sharing options...
LetoAtreides Posted May 27, 2003 Report Share Posted May 27, 2003 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 More sharing options...
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