@Anonymous wrote:
Thank you guys. Ibneeded some positive thoughts here
No worries, we all get frustrated and impatient. Your mission, should you choose to accept, is to focus on GW that Cap One CO. If you manage to get that off (and again, Cap One is a hard one), you could have much cleaner reports by March. And totally clean if you can GW the lates off (those won't hurt as much in a year or two, anyway). That's not very far away. Go get it!
@Anonymous wrote:
I have tried the EO route with cap one and no dice. They claim they're reporting accurately and blah blah. I wish I had a true executive contact there and not just some executive assistant who reads you a damn script. I email executives and it goes right to their assistants.
So if you have advice I'm all ears. Letters to a specific area? Person? I even tried LinkedIn.
I can't tell you the way to do it, I tried to GW them earlier this year and had a weird response. The EO rep called me, I explained the situation with complete honesty, and she said she would see what she could do. All of the sudden, the balance on my Cap One charge off dropped significantly (got an alert) and I got excited. Then she called me back and said there was nothing they could do. The next month it went back up, so no dice for me.
Mine was unpaid, though, and yours being paid benefits you in a couple of ways. One, they're more likely to GW a paid CO than an unpaid one. Just common sense. Two, it won't be killing your utilization every month like mine did. Even if you can't GW it, in time it will hurt less and less. Is it reporting as closed? Is it updating monthly? If it's not then yeah, you will rebound from it soon enough.
I would write an honest letter explaining the circumstances that led to your charge off, how you remedied it as soon as you were able and express the desire for a second change with regards to your financial life. It can't hurt to try, persistence will be key on this one. If someone tells you no, say thank you and try again. As to where to send it, the EO has changed the way they handle requests, unfortunately. You might have to research the best place to send it.
@Anonymous wrote:
Regardless it's all ridiculous ! Lol.
I paid down my cards so I'm hoping for a boost there and a "bucket"
Boost once the system recognizes I'm collection free and going up in terms of good credit.
Joey - no need for 3 threads on the same topic.
This answered my earlier question.
