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Contributor
RichieNY
Posts: 118
Registered: ‎12-04-2008
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Cap One Chargeoff from 2004...NCO took it over in 2005....BUT NCO IS NOT REPORTING?!

Why is NCO not reporting

 

Cap One is reporting the chargeoff but the CA that bought it has had it since 2005 but is not reporting

 

why? 

Moderator Emeritus
fused
Posts: 16,360
Registered: ‎03-12-2007
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Re: Cap One Chargeoff from 2004...NCO took it over in 2005....BUT NCO IS NOT REPORTING?!

I don't have an answer, but consider yourself lucky. Its just one less baddie on your reports.
Credit Profile -
FICO 08 Scores (08-22-2014): EQ 820, EX 817, TU 815
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1 (Amex 07-15-2014)

Contributor
RichieNY
Posts: 118
Registered: ‎12-04-2008
0

Re: Cap One Chargeoff from 2004...NCO took it over in 2005....BUT NCO IS NOT REPORTING?!

if cap one and NCO are affiliated maybe they arent reporting it because cap one is
Moderator Emeritus
Posts: 11,562
Registered: ‎08-29-2007
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Re: Cap One Chargeoff from 2004...NCO took it over in 2005....BUT NCO IS NOT REPORTING?!

NCO is a collection agency that collects for many creditors.

 

It is possible that NCO no longer has the account, which is why they are not reporting.

 

Are you getting letters from NCO or did Cap One tell you NCO bought it?

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Contributor
RichieNY
Posts: 118
Registered: ‎12-04-2008
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Re: Cap One Chargeoff from 2004...NCO took it over in 2005....BUT NCO IS NOT REPORTING?!

tried to PFD with cap one

 

they told me NCO bought it

 

NCO has not attempted to collect...NCO has not called me

 

NCO has had the account since 2005

 

 

Senior Contributor
BungalowMo
Posts: 4,236
Registered: ‎05-01-2008
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Re: Cap One Chargeoff from 2004...NCO took it over in 2005....BUT NCO IS NOT REPORTING?!

Do you know when it's due to drop off? 


Starting Score: 07/2011 TU 732 - EQ 717 - EX 702
Current Score: 06/2014 TU 739 - EQ '08 709 - EX 721
Goal Score: 850

Bury me in the garden...last app 06.18.14

Regular Contributor
tiger20
Posts: 219
Registered: ‎05-01-2008
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Re: Cap One Chargeoff from 2004...NCO took it over in 2005....BUT NCO IS NOT REPORTING?!

NCO bought my CAP 1 acct. also and I paid it off before I found this site and they have never reported.  But, like it was said before, consider yourself lucky, and blessed that they aren't.  I am really glad they are not reporting because it would be just like another baddie on my CR and that Cap one charge off will drop off in couple of years any ways.  Which, that is alright for me because I am not trying to make any major purchaces for atleast 5 years.

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Goal Score: 720


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RichieNY
Posts: 118
Registered: ‎12-04-2008
0

cap one back door number and a chargeoff

so i wonder if ill have any success  getting a chargeoff removed with cap one through the backdoor number

 

the chargeoff was bought by NCO so it is marked as a paid chargeoff

 

any luck with the backdoor number?

Moderator Emeritus
Posts: 11,562
Registered: ‎08-29-2007
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Re: cap one back door number and a chargeoff

I've merged your two threads as they are dealing with the same thing.

 

Your best bet would be to GW Cap One, but they aren't very nice from what I hear.

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Frequent Contributor
shannon13
Posts: 279
Registered: ‎03-31-2009
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Re: cap one back door number and a chargeoff

did you have any luck with the charge off?

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