Worried Posted December 3, 2006 Report Share Posted December 3, 2006 I have received two letters from NCO in regards to two of my Capital One accounts. NCO does not show up (yet) on my CR. Do I still DV them? I have called them and they say that they work with Capital One so I am not sure who has these two accounts.I wanted to settle for less but they would not budge:( Please help! Link to comment Share on other sites More sharing options...
willingtocope Posted December 3, 2006 Report Share Posted December 3, 2006 Just as a general rule of thumb, if you're ever contacted by a CA in writing, DV immediately. First off, these things get screwed up so often that you want to make sure they've got the right person, etc. Second, it gives you the opportunity to catch them screwing up, and might make this easier to deal with later.(Remember, the FDCPA isn't about whether you owe somebody money...its about making the CAs play by the rules.) Link to comment Share on other sites More sharing options...
Worried Posted December 3, 2006 Author Report Share Posted December 3, 2006 Thanks, I will get the DV letters out tomorrow! Link to comment Share on other sites More sharing options...
direred Posted December 3, 2006 Report Share Posted December 3, 2006 If you don't DV, the chances it'll stay off your reports are slim.NCO is both a CA and a JDB, it sounds like they're acting as a CA in this case.I'm finding the several reports of CAs for Cap1 interesting -- they used to do their own collections with their in-house Westmoreland (iirc) group. Maybe they're getting out of that market? Link to comment Share on other sites More sharing options...
June Posted December 4, 2006 Report Share Posted December 4, 2006 I have received two letters from NCO in regards to two of my Capital One accounts. NCO does not show up (yet) on my CR. Do I still DV them? I have called them and they say that they work with Capital One so I am not sure who has these two accounts. I wanted to settle for less but they would not budge:( Please help!I am completely shocked! This is the SECOND time that I had heard of a CA strictly playing by the rules. NCO sent you a written notice prior to Reporting to any of the CRas. Wow! The CA should send a written notice prior to Reporting us to the CRAs. If they do NOT hear from us within 30 days, then the CA may assume that the debt is legit and may proceed with ALL collection activities including Reporting to the CRAs. As a Member of this Board, I find it strange that upon receipt of their collection letters you had telephoned NCO to settle two Capital One accounts!!! How do you know if your Balances are correct? Did the SOLC expire on the debts? I'll bet that the SOLR is due to expire soon? I am not surprised at all that NCO and/or Capital One will not settle. Everyone around here knows about Crap 1. Best Regards,June Link to comment Share on other sites More sharing options...
Worried Posted December 4, 2006 Author Report Share Posted December 4, 2006 I am just about at the 180 day mark of being past due. So you are saying that Cap 1 will not settle for less??I plan on sending a DV letter and hoping that will delay things. I want to settle but not for a couple of months from now.Please share your experince with Cap. 1, I want to know what I am going up against.Thanks,Worried Link to comment Share on other sites More sharing options...
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