This might sound like a stupid question but if theortically speaking, one were to apply for a CC from a bank he/she defaulted on which was sold to a CA, would the bank automatically turn the applicant down? Is there a way for their "system" to check if this person already had an account established with the bank in the past?
Capital One has blacklisted me. I have a fully paid c/o from (2 more mos will be) 7 years ago. No deal.
That's ok tho, there are certainly tastier fish in the sea!
Well as it sits I have a C/O from HSBC Orchard Bank that is set to fall off in 06/2013. The amount charged off was $366. I don't know whether I should try to re-apply for the same card or not.
Is it a paid CO?
Unfortunately no. It was sold to a CA, whom I'm still fighting with for PFD, Portfolio Recovery. I'll probably at least sit tight until I can get this CA account removed.