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So I have been rebuilding recently and I have this Cap1 CO that I have been trying to pay. When I call them, they tell me that it's been handed over to a CA and when I call the CA they say it's been sold to some one else ( so I amdisputing the first CA since they are not the responsible CA ) so I call CA #2 and are giving me the runaround saw well.
Any advice? I'm trying really hard to pay this in good faith.
Thanks in advance.
The Cap1 account is just over 5yrs old.
Leave it alone IMHO.. Unless you can convince a CA to pay for delete, it will be on your credit report for another seven years. I would let it be unless you just want to feel good about paying off your debts.
Thanks Jon,
Its hard to leave it alone. That balance is killing my utilization. I could always pay it and try to GW it down the road. I just don't know.
@madmann26 wrote:Thanks Jon,
Its hard to leave it alone. That balance is killing my utilization. I could always pay it and try to GW it down the road. I just don't know.
GW with Cap1 is very hard. Is it a big balance that you owe?
$591 I believe.
You're almost at 7 years...Dunno if i would pay it off
It will help your score a bit if paid. I paid 2 charge offs from CAP1 and successfully got one deleted last month praise god. It went bad in 07 and my date to drop off is sometime in 2014 i know that much. I paid it in 09 and it did not start the clock again. Plus, I was trying for government jobs and the reserves in 09 and figured its better to pay it off and get a clearance than have debt sittin there and be denied a clearance.
@madmann26 wrote:$591 I believe.
Eh, it really depends on if you want to roll the dice with them. You could send them a PFD letter, but that might make them want to sue to get the money. You could pay it and try for GW but I dont think you'll have much luck with it.
IMO I would leave it be and let it fall off.