Mega Contributor
Posts: 18,804
Registered: ‎10-23-2007

Capital One and new reporting

So had a Capital One Card that was included in my Ch 13.  I dismissed my Ch. 13 a bit ago and recently Capital one went back and took the "Included in Bankruptcy" off the account on my credit and re-reported last month of this year as charged off bad debt which really hurt my credit.  She said I could pay it and they would report it paid in full but they would not remove the remark charged off bad debt.  Would paying it and still having it report charged off really help me gain anymore points?  The one benefit I'm thinking is maybe if I pay it, I would then qualify for a new account since they would not be out any money anymore?

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Moderator Emeritus
Posts: 16,243
Registered: ‎03-12-2007

Re: Capital One and new reporting

Creditaddict, I have merged your two threads. The discussion can be found here


Thread is locked!!!!

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+