topic Re: Credit one CO help in Rebuilding Your Credit

Credit one CO help

Anonymous — Tue, 03 Dec 2019 20:58:07 GMT

I got a Credit One card with a small limit back in 2013 and failed to make the payments so it was charged off. It was a very low balance so never was sold to a collection agency but those late payments and the charge off is still on my report. I have been working on my credit for nearly two years and that is the last obstacle to tackle, any advice? Goodwill letter? Pay to delete? Email to CEO? I did see that people had success in the past with email requests via the search function but couldn’t find anything recent.
Any advice is appreciated and thanks in advance.

Re: Credit one CO help

Chestnut1 — Tue, 03 Dec 2019 21:15:52 GMT

Would you happen to Know the Date of First Delinquency on it ?

Also, one suggestion Do not Pay off voluntarily without talking to People at CO. ask them if they can do Pay for Delete ?. if not Try GW. But do use all your options before you pay it off. But i will weigh in on other Gurus here to point you in the right direction.

Re: Credit one CO help

Anonymous — Tue, 03 Dec 2019 21:45:39 GMT

It appears to be March 2013 was the first 30 day late report according to my credit report.

Re: Credit one CO help

Chestnut1 — Tue, 03 Dec 2019 22:04:52 GMT

Hmm, Got it. Do you see something like below on your credit report against that account ?

See Date of First Delinquency 07/2015. that is what i'm talking about.

You can pull this report from annualcreditreport.com and let us know.

Re: Credit one CO help

CH-7-Mission-Accomplished — Tue, 03 Dec 2019 23:04:10 GMT

@Anonymous wrote:
I got a Credit One card with a small limit back in 2013 and failed to make the payments so it was charged off. It was a very low balance so never was sold to a collection agency but those late payments and the charge off is still on my report. I have been working on my credit for nearly two years and that is the last obstacle to tackle, any advice? Goodwill letter? Pay to delete? Email to CEO? I did see that people had success in the past with email requests via the search function but couldn’t find anything recent.
Any advice is appreciated and thanks in advance.

Did you pay them off yet? If not what is the balance due? If you can pay it off that's the best way to get them to take it off your report. Credit One is one of the few credit card companies that I have read many instances on here of their granting a request for deletion. They are not going to do a pay for delete (quid pro quo), since that violates their terms with the credit reporting agencies. However, there is nothing to stop them from granting a voluntary deletion.

Go for it. I bet you will get that off your reports.

Re: Credit one CO help

Anonymous — Tue, 03 Dec 2019 23:12:29 GMT

Actually took a closer look and it was paid and then “account closed by credit grantor”.
Apparently not charged off, just paid off by me and closed by Credit One.
Just late payments on my report.

Re: Credit one CO help

CH-7-Mission-Accomplished — Wed, 04 Dec 2019 00:11:20 GMT

@Anonymous wrote:
Actually took a closer look and it was paid and then “account closed by credit grantor”.
Apparently not charged off, just paid off by me and closed by Credit One.
Just late payments on my report.

Then just write to their CEO and explain what happened and tell him/her that you are trying to clean up your credit to buy a house and wonder if they would consider doing a one time goodwill gesture and remove the late payments. You can tell them how much you liked the card, how much it helped you and how sorry you are that they were late and tell them what happened and how you have taken steps to see it doesn't happen again. Also point out how ong ago this was.

If they do not grant your request, research "early exclusion" on this board whereby three months prior to a falloff debt some of the credit reporting agencies will delete the lates for you but it's easier if Credit One institgates it.

I have a feeling you will be happy with what they say/do.

Good luck,

Re: Credit one CO help

Anonymous — Wed, 04 Dec 2019 00:14:24 GMT

I appreciate your advice. I was able to find the email addresses I need.