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Posts: 6
Registered: ‎10-29-2013
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Capital One GW Letter

I've read a bunch of the great articles and success stories with GW letters here on the boards and I figured it was time I give them a shot!

 

I have a 4 year old chargeoff with capital one, which I paid in full after the fact.  Its listed as "potentially negative" by experian.  Should I GW them in hopes of removing it or at least changing the status to something other than negative?  I actually have a current credit card with capital one which doesn't report to experian at all. -- Go figure

 

Some of the info reported in the account is inaccurate and I have old statements that would prove that but it was indeed charged off and that's my fault.  So I haven't attempted to contact any CRAs about the account yet.  Would it be better to work with the CRAs or to GW capital one?

 

Thanks in advance, 

-RebuildingGuy

 

 


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Registered: ‎02-07-2013
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Re: Capital One GW Letter


RebuildingGuy wrote:

I've read a bunch of the great articles and success stories with GW letters here on the boards and I figured it was time I give them a shot!

 

I have a 4 year old chargeoff with capital one, which I paid in full after the fact.  Its listed as "potentially negative" by experian.  Should I GW them in hopes of removing it or at least changing the status to something other than negative?  I actually have a current credit card with capital one which doesn't report to experian at all. -- Go figure

 

Some of the info reported in the account is inaccurate and I have old statements that would prove that but it was indeed charged off and that's my fault.  So I haven't attempted to contact any CRAs about the account yet.  Would it be better to work with the CRAs or to GW capital one?

 

Thanks in advance, 

-RebuildingGuy

 

 


Sorry for the late response 

Yes GW's are in order but I also have a question.

How old is the CO and who is listing it on your CR's CAP1 or CA?

Ok two questions in one Lol

+ Chase ink =




Member
Posts: 6
Registered: ‎10-29-2013
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Re: Capital One GW Letter

MyJourney- Both actually!  Cap1 lists it and portfolio collection.  The portfolio thing reports I disputed it which is strange too because I didn't..

 

 

Account Name CAP ONE
Account # XXXX
Account Type Credit Card
Balance $0.00
Date Opened 11/1/2005
Account Status Closed
Mo. Payment
Past Due $0.00
Payment Status Past due 150 days
High Balance $1,057.00
Limit $500.00
Terms Revolving
Comments Transferred to another lender or claim purchased

 

 

Account Name PORTFOLIO RECVRY&AFFIL
Account # XXXX
Account Type Debt Purchase
Balance
Date Opened 8/1/2009
Account Status Closed
Mo. Payment
Past Due
Payment Status Legally paid in full for less than the full balance
High Balance
Limit
Terms 1 Month
Comments Account in dispute-reported by subscriber


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Posts: 6
Registered: ‎10-29-2013
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Re: Capital One GW Letter

I disputed the accounts on their incorrect merits with the CRA's.  I'll try the GW next if need-be.


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Current Score: 678
Goal Score: 801


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