topic Re: Increasing balance in a closed account???? in General Credit Topics

Increasing balance in a closed account????

Anonymous — Mon, 09 Jul 2007 00:18:13 GMT

Hi all,

I am hoping somebody can help me out with my issue:

When I was a student 7 years ago, I had a Capital One card with a 500$ credit line.I had a hard time paying them back so it went to my credit report as delinquent which I understand.I closed that account years ago and yetl the balance keep increasing by 13 $ every 15th of the month.Shouldn't that account be wiped out of my credit after 7 years?

How do I get them to stop those charges.Thanks for your help.

Re: Increasing balance in a closed account????

Anonymous — Mon, 09 Jul 2007 01:55:45 GMT

it's all about the DOFD -

Look for the scheduled removal date on your Credit report.

I am guessing it is marked "Closed Charge off"

Re: Increasing balance in a closed account????

Anonymous — Mon, 09 Jul 2007 08:30:46 GMT

I have had the same problem with Cap One. My has been in collections for quite some times and my varies between $12 and $14 per month. My orignal charged off amount was only $900. Now its up to $1519. I can't wait to pay them off.

I can't tell if its the CA or Cap One that is doing it. PS. Don't answer the phone if they call they are very rude.