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CAP ONE CHARGE OFF...PAY OR NOT PAY? PHOTO ATTACHED.

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JamesKnox
Regular Contributor
‎09-01-2013 07:48 AM
‎09-01-2013 07:48 AM

Re: CAP ONE CHARGE OFF...PAY OR NOT PAY? PHOTO ATTACHED.

@guiness56

 

Nelson, Watson offered settlement for $280.

Should I accept or deny? 

 

And if I pay in full, do I pay to Nelson, Watson or to Capital One directly. 

 

x

Starting Score: (FICO)(August 29, 2013) 502(EQ) 568(EX) 549(TU)
Current Score: (FICO) (January 28, 2017) 712(EQ) 720(EX) 720(TU)
Goal Score: 720(EQ) 720(EX) 720(TU)
Amex Business Platinum NPSL | Chase Sapphire Preferred $15,000 | Chase Freedom $9000 | Amex ED $1,000 | BofACash Rewards $3100 | Amazon Store Card $4000
Message 11 of 14
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guiness56
Epic Contributor
‎09-01-2013 07:52 AM
‎09-01-2013 07:52 AM

Re: CAP ONE CHARGE OFF...PAY OR NOT PAY? PHOTO ATTACHED.

How would they report?  Settled for full amount or for lesser amount?

 

 

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Message 12 of 14
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JamesKnox
Regular Contributor
‎09-01-2013 07:55 AM
‎09-01-2013 07:55 AM

Re: CAP ONE CHARGE OFF...PAY OR NOT PAY? PHOTO ATTACHED.

@guiness56

 

I didn't ask them that BUT they aren't the ones reporting remember. Cap One is still reporting. So if I settle with them, do they start reporting? Or do they just inform Cap One and Cap One updates their files? 

Starting Score: (FICO)(August 29, 2013) 502(EQ) 568(EX) 549(TU)
Current Score: (FICO) (January 28, 2017) 712(EQ) 720(EX) 720(TU)
Goal Score: 720(EQ) 720(EX) 720(TU)
Amex Business Platinum NPSL | Chase Sapphire Preferred $15,000 | Chase Freedom $9000 | Amex ED $1,000 | BofACash Rewards $3100 | Amazon Store Card $4000
Message 13 of 14
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guiness56
Epic Contributor
‎09-01-2013 08:06 AM
‎09-01-2013 08:06 AM

Re: CAP ONE CHARGE OFF...PAY OR NOT PAY? PHOTO ATTACHED.

I am not sure.  They can report unless they have an agreement with Cap one not to.

 

If you have already talked to them I would just ask them.

 

 

Credit Scoring 101
Guide to Common Abbreviations
Other Frequently Requested Threads
Closing Credit Cards
Direct Dispute
Message 14 of 14
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