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

Contributor

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? 

Message 1 of 10
9 REPLIES
Moderator Emeritus

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.
Message 2 of 10
Contributor

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
Message 3 of 10
Moderator Emeritus

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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Message 4 of 10
Contributor

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

 

 

Message 5 of 10
Senior Contributor

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: 02/2015 TU 709 - EQ 676 - EX 729
Current Score: 04/2017 TU 754 - EQ 757 - EX 747
Goal Score: 850

Bury me in the garden...last app 08.09.15

Message 6 of 10
Regular Contributor

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.

Starting Score: 510
Current Score: 621
Goal Score: 720


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" A man can fail many times but he is not considered a failure until he begins to blame someone for his mistakes"

Author Unknown
Message 7 of 10
Highlighted
Contributor

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?

Message 8 of 10
Moderator Emeritus

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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Message 9 of 10
Frequent Contributor

Re: cap one back door number and a chargeoff

did you have any luck with the charge off?
Message 10 of 10