I have or have had three accounts with Capital One associated credit cards.
1. Capital One QS One that use to be a HSBC that is current and good standing. 2000 limit, 10% utilization (In fact I went from $500 to $2000 in March, 2014).
2. Capital One HSBC Charge Off, paid through garnishment in 2010, 0 balance lots of lates. Schedule to delete 8/2016
3. Capitl One Pla. Charge Off that was $2800, and now is down to 700. Been paying on this for a couple years. Reporting every month. 9/2016.
Do you think it would be wise if I pay off No. 3 for me to try to Goodwill the early removal of No. 2 and 3.
I'm asking because I don't want to damage my future with the Good capital one tradeline.
@mato01 wrote:I have or have had three accounts with Capital One associated credit cards.
1. Capital One QS One that use to be a HSBC that is current and good standing. 2000 limit, 10% utilization (In fact I went from $500 to $2000 in March, 2014).
2. Capital One HSBC Charge Off, paid through garnishment in 2010, 0 balance lots of lates. Schedule to delete 8/2016
3. Capitl One Pla. Charge Off that was $2800, and now is down to 700. Been paying on this for a couple years. Reporting every month. 9/2016.
Do you think it would be wise if I pay off No. 3 for me to try to Goodwill the early removal of No. 2 and 3.
I'm asking because I don't want to damage my future with the Good capital one tradeline.
I would pay if off just to get it to stop reporting monthly it is keeping your Fico score from recovering, for what you want here I dont see anything wrong with that approach either. These accounts are unlikely to affect your current account.
