Jump to content

Capital One Settlement (Qualify means what)


mrfedup
 Share

Recommended Posts

I have two Capitol One accounts one for $5400 and the other for $5600. They are both 100 days old. I spoke to a supervisor at the 97 day mark and inquired about making a settlement. She advised that I should call back after 120 days and see if I qualify for a settlement. What does she mean by "Qualify". Have limited funds to secure a reasonable settlement in the next 60 to 90 days. Anyone have something similar.

Link to comment
Share on other sites

They won't talk to you til the 120 mark. Remember, they have to charge it off after 180 days, so once you get to 120 they get scared. Silly they don't consider offers sooner, but that's CapOne.

Thank you for your response. Do you think they will consider a $1200 to $1500 settlement on a $5k balance after the 120 day mark?

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • 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.