Ok I am new to getting my credit back to par. When I was 18 I got my first CC through Cap1 with a 200$ limit, 100$ activation fee. I defaulted that same year (2001) and it went negative. Yes, I have since learned my lesson and this is the ONLY negative reported account. In Jan. of last year they tracked me down and gave me a bill for 1300$ in late fees and finance charges. I know it was close to 7 years and it would have fallen off. Stupid me felt obligated and decided to call, besides them lying to me and trying to negotiate High amounts I eventualy got them to 526, which is still high. Well since that time they have been reporting as CO from may of 2005-jan 2006 where it says PAG , this was when I negotiated with them, and then continues to report CO Jan/06 through to this year in april 07 Where it says PAG again and then CO for may. Is this something I can dispute since there was no payment made , and can a CO haunt me ? because of this reporting my LOC with BofA was closed because of past neg payment histories and this is the only on reported? Please Help Anyone
