topic Re: Cap 1 Card in General Credit Topics

Cap 1 Card

Anonymous — Thu, 24 May 2007 20:40:15 GMT

I have a capital one card that shows up on all three of my credit reports as active and zero balance. The last late shows dec 2005 since then it shows current. I was not aware i still had this card and not even sure if it was not just charged off. Should I call them and ask about this account to see if it is still open or should I just let it be?

Re: Cap 1 Card

Tuscani — Thu, 24 May 2007 20:58:30 GMT

critterj7 wrote:
I have a capital one card that shows up on all three of my credit reports as active and zero balance. The last late shows dec 2005 since then it shows current. I was not aware i still had this card and not even sure if it was not just charged off. Should I call them and ask about this account to see if it is still open or should I just let it be?

So it shows as a paid charge off?

Re: Cap 1 Card

Anonymous — Thu, 24 May 2007 21:04:18 GMT

no it just says date open 2003 balance 0 status ok the last late shows dec 2005 the rest shows ok up till sept 2006 and there was no more reporting after that. This is in my active accounts for all three cra

Re: Cap 1 Card

Tuscani — Thu, 24 May 2007 21:05:52 GMT

critterj7 wrote:
no it just says date open 2003 balance 0 status ok the last late shows dec 2005 the rest shows ok up till sept 2006 and there was no more reporting after that. This is in my active accounts for all three cra

Does it show as a neg or positive account? Was the late 30, 60, 90, ect.?

Re: Cap 1 Card

Anonymous — Thu, 24 May 2007 21:08:19 GMT

30 days late 3 times (Dec 2005, May 2005) 60 days late 1 time (Jun 2005) 90+ days late 2 times (Aug 2005, Jul 2005) actually on the experian report the last report date was april 2007 as current paid. it says ok/was past due

Re: Cap 1 Card

Tuscani — Thu, 24 May 2007 21:30:26 GMT

I would ask CAP1 to reopen if they agree to remove lates... I doubt they will, but give it a shot!

Re: Cap 1 Card

Kevin5974 — Thu, 24 May 2007 23:16:52 GMT

My experience with Capital One is that if you pay it up, they will remove the lates. Just send a dispute stating NEVER LATE and every time I've told people to do this, they are removed and generally, even when you pay it, Capital One will keep it open. They don't close an account until you call in and fight for them to cancel. They want every one to have an account with them.

Re: Cap 1 Card

Anonymous — Thu, 24 May 2007 23:20:16 GMT

I am not sure if I owe anything it says zero balance and not late. I try calling and their computers are down for updates right now. Maybe I have a credit card account I have forgotten about?

Re: Cap 1 Card

Kevin5974 — Thu, 24 May 2007 23:21:38 GMT

Possibly but I would call and ask them to send you out another card. Then see what the interest rate is and decide whether to keep it. If there is no annual fee, keep it to maintain a long history with them.

Re: Cap 1 Card

smallfry — Fri, 25 May 2007 01:49:05 GMT

Cap One would not reopen two CC's that I closed a couple of years ago. One actually only a year and one half deceased. Perfect record on both. Dumb.

Re: Cap 1 Card

Anonymous — Fri, 25 May 2007 02:00:08 GMT

I spoke with them tonight. The lady said that the account was open and she showed no lates however there are about 6 on my credit reports. She said that the account was paid in full and open however it had been resticted due to Lack of activity. She said write a letter asking for the restriction to be removed so I did. We will see what the deal is soon enough

Re: Cap 1 Card

homewardbound — Fri, 25 May 2007 04:24:11 GMT

I, too opened a Cap 1 card last year and then realized what all the fees were and called to cancel. They claimed to cancel the account, but it does show on my credit report as open, although mine is in good standing. I suppose I should call them and find out what the interest rate is and maybe have them mail me a card?

Re: Cap 1 Card

Tuscani — Fri, 25 May 2007 11:27:59 GMT

critterj7 wrote:
I spoke with them tonight. The lady said that the account was open and she showed no lates however there are about 6 on my credit reports. She said that the account was paid in full and open however it had been resticted due to Lack of activity. She said write a letter asking for the restriction to be removed so I did. We will see what the deal is soon enough

Cool. Keep us updated.

Re: Cap 1 Card

Tuscani — Fri, 25 May 2007 11:28:39 GMT

homewardbound wrote:
I, too opened a Cap 1 card last year and then realized what all the fees were and called to cancel. They claimed to cancel the account, but it does show on my credit report as open, although mine is in good standing. I suppose I should call them and find out what the interest rate is and maybe have them mail me a card?

Yep. Just remember to max it out once and then PIF every month.