Old account need help.

Anonymous · ‎09-10-2007

I have another thread, but the questions I asked were never really answered.

I have a capital one charge off the amount is 1,400. The account was originally opened in March of 2001. They have the account being closed in 2004. I find this curious, because I haven't used that card in almost 7 years and closed it myslef.

Annualreport has this item falling off in 2011. According to my knowledge this should fall off sometime in 2008. The delete date starts the time you went delequint 90 days correct me if I am wrong.

I have made payments on this and reset the sol as of last month I was paying $120 a month which I canceled. I asked the Collection company a PFD and NFC Fin said theu don't do that, because they don't own the account Cap One does...are they telling the truth or they blowing smoke?

I canceled the payments cause I want to go about this the right way that can benefit me and handle what I owe. PLease help. I live in Michigan.

Message Edited by joemc3 on 09-10-2007 11:30 AM

Anonymous · ‎09-10-2007

Am I being ignored?

Anonymous · ‎09-10-2007

you are not being ignored!!! you need to wait for someone that has an answer.....

When you say account closed......was it CO by Cap1??

What is DOFD or drop off date with CRA?

Message Edited by HappyDays on 09-10-2007 04:18 PM

Anonymous · ‎09-10-2007

It was charged off by cap one. First delinquency I don't know according to my reports they only go back as far as 2004, but as I said in OP I haven't used that card in almost 7 years.

Anonymous · ‎09-10-2007

if falling off in 2008 it had to have a DOFD in 2001, It doesn matter when you used it last. DOFD is set by Cap1 and only changes IF payments become current.

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&message.id=17466

joemc3 wrote:
It was charged off by cap one. First delinquency I don't know according to my reports they only go back as far as 2004, but as I said in OP I haven't used that card in almost 7 years.