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Capital One Overdraft/Reserve Checking Charge Off

kliqzero
Member

Capital One Overdraft/Reserve Checking Charge Off

Hey guys,

 

I had a Capital One checking account with an overdraft protection limit of $300, which I ended up using and never paying back in 2008, though the it's showing as 90 days late as of January 2016 for Experian and Equifax (not sure why as I didn't touch this account for years).

 

Anyways, I total I owe is $407, the payment status is "Charged off, Bed debt placed for collection & skip". 

 

What are the chances of me calling/writing them and asking for a PFD? I recently got a new credit card from Capital One, so maybe I can use that to my advantage? 

 

$407 is not a lot of money and I can easily pay it off, just wondering how I should approach it. 

 

Thanks!

Message 1 of 4
3 REPLIES 3
wynkoop1626
Regular Contributor

Re: Capital One Overdraft/Reserve Checking Charge Off

Different underwiring for CC and banking.  I tried to do a PIF with delete on a CC from 2012 they denied request. I did a recon and they still denied - stated that accurate reporting to CB.  Wish you luck.

Chapter 7 Disc 03/2015 As of 09/02/18 **FICO 8 - EQ 658 / TRANS 658 / EXP 687 **FICO 9 - EQ 697 / TRANS 680 / EXP 711
UTL 1% ...TTL CL's $98,500
Message 2 of 4
NormanFH
Super Contributor

Re: Capital One Overdraft/Reserve Checking Charge Off


@kliqzero wrote:

Hey guys,

 

I had a Capital One checking account with an overdraft protection limit of $300, which I ended up using and never paying back in 2008, though the it's showing as 90 days late as of January 2016 for Experian and Equifax (not sure why as I didn't touch this account for years).

 

Anyways, I total I owe is $407, the payment status is "Charged off, Bed debt placed for collection & skip". 

 

What are the chances of me calling/writing them and asking for a PFD? I recently got a new credit card from Capital One, so maybe I can use that to my advantage? 

 

$407 is not a lot of money and I can easily pay it off, just wondering how I should approach it. 

 

Thanks!


That should have been removed in 2015...

 

Dispute with CRA as not having a correct DoFD.

Most Recent FICO 8 Scores EX616/TU587/EQ607 01/09/2018 Starting scores 553/485/543 08/25//2017
~~~Credit lines~~~~
SDFCU VISA Secured $250
Discover Secured $200
Message 3 of 4
kliqzero
Member

Re: Capital One Overdraft/Reserve Checking Charge Off


@NormanFH wrote:

@kliqzero wrote:

Hey guys,

 

I had a Capital One checking account with an overdraft protection limit of $300, which I ended up using and never paying back in 2008, though the it's showing as 90 days late as of January 2016 for Experian and Equifax (not sure why as I didn't touch this account for years).

 

Anyways, I total I owe is $407, the payment status is "Charged off, Bed debt placed for collection & skip". 

 

What are the chances of me calling/writing them and asking for a PFD? I recently got a new credit card from Capital One, so maybe I can use that to my advantage? 

 

$407 is not a lot of money and I can easily pay it off, just wondering how I should approach it. 

 

Thanks!


That should have been removed in 2015...

 

Dispute with CRA as not having a correct DoFD.


For some reason, debt activity is still showing up on my accountfor Experian and Equifax, the last reported month was July 17 with a mark of "KD" or Key Deragotory. 

 

 

CreditKarma has the last payment listed as June 2012 and closed date of September 2012. 

 

If I try to negotiate a PFD or some kind of good will arrangement, will it reset the 7 years? Is it best to call them or send a letter?

Message 4 of 4
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