Cap1 sent me documentation for my account that went delinquent in '02.
They sent my original signed applicaiton and my last three 'statements'.
Caveats;
1) It was a Biz application which I was the owner of, since defunct.
2) The 'statements' are well after payments stopped and just show Credit Limit of $300 and $25 Monthly Overlimit and $25 monthly Past Due fees AND interest. The first such statement is for the period 3/18/02 to 4/17/02, meaning my first delinquincy/overlimit would have been at latest in 1/02 if not earlier. This coincides with my credit report which says it is due to drop off this September.
It also says Charge-off was in 9/02 in the amount of $335, $1283 as of 1/05 which was the last 'charge-off' date. So I'm imagining they kept the olimit/late-fees going until 9/02 and perhaps have kept monthly finance charges to that amount.
In any event, I have two options;
1) Do nothing as this is past SOL even if you use the last statement date, but DOFD is at least 3-6 months ago.
2) Contact them for PFD. This does drop off in 4 months so not that raring to do so, but would like to make good.
Does anyone think if I contact them and offer to pay the amount I charged, $300, and forego the late-fees and such (currently $1,600) they would do a PFD? Not much to hold over my head as they cannot collect, and it drops off in 4 months.