Hello,
I had 3 Cap One Credit cards I let go bad in 2011. Two of them unsecured and one secured. The 2 unsecured cards had a final balance of $1000-1200 and were recently sold to MCM CA. The secured card had a final balace of $301 and Cap One kept that account. I worked with MCM to agree to a payment plan in exchange for them not to report to bureaus. (Got it in writing). Since the balance with Cap One on the secured card was small and I was barking up the wrong tree for a PFD, I decided to just pay them, that was last month. This month in my monthly credit update, I see that there is a new CA report. The OC field is left blank, but the CA name is listed as "CAP ONE" on the report. Account status: "PAID" and a balance of $0. How can Cap One do this? They never sold the debt and now I show charge of from OC and a CA all listed as Cap One? Any advice?
