Cap 1 is reporting a CO but with a balance still and Northland is trying to collect and has offered a settlement for less than full amount. If I settle for less, will Cap 1 set balance to zero even if I didn't pay the full balance? Ideas or experience from anyone?
Starting Score (January 2013): 537
Hi, I would find out first if Cap1 account was sold to Northland and if so Cap 1 account should have a 0 balance already. But if Northland is collecting for them unfortunately both will have balances. I had a collection account with Northland for a Cap 1 account also but it was a relief when both accounts fell off. Good Luck in fixing this.
Starting Score: EQ 546 TU 566