Thanks guys! Super excited. I definitely have a boost to keep going now
annielorie, they are deleting the entire TL from my DH's CR. He used to have 2 Capital One cards several years ago that went into default. This one was charged off but still owned by them. I sent them a PFD offer worth $500 (current balance is $1,700). For some reason they just decided to delete without payment. I get to use the $500 toward other debts now.
His second Capital One card might be a different story. He defaulted on both of them at the same time but for some reason the one that they are going to delete was never sold to a CA. The other one was sold to Asset Acceptance. I have sent them a PFD. If it works then I will GW Capital One.
To those requesting info, I'm sending PMs your way
Good luck with Asset Acceptance. I just paid a settlement with them that they offered, but haven't gotten them to agree to a deletion yet. I am still waiting for it to be updated on my CR and then I plan on GWing them. Congratulations on the delete and best of luck with this one.
So far I haven't received one response from Asset Acceptance. I sent them a PFD agreeing to their settlement offer and still nothing. Might have to send more letters out soon.
I never could get Asset Acceptance to agree to a PFD. In fact they didn't answer not one of my letters and refused a PFD over the phone. They did agree verbally to not note it as settled, but I'm not holding my breath on that one. I finally paid the settlement because it was an extremely good offer. I have been waiting forever for them to update it on my CR to a balance of 0. Once they do that, I am going to GW them.
OP, I just read through this thread, correct me if I'm wrong, Cap1 just deleted the TL with no payment on your part? It seems as though if the SOL hasn't expired they could still put it back on your credit report which knowing Cap1 they will rear their ugly head sooner or later or sell the debt off to a CA. You might want to contact them about paying before you wakeup and find a nasty on your CR.
Yep. I sent them a PFD and their response was that they were deleting the TL from all 3 CRA. I was very surprised. The SOL is expired and the account was due to fall off the CR sometime next year. I do worry about them selling the account though.
Will you please PM me the info?
If I could also get that info, that'd be great! I have one Cap One charge-off on my CR that I paid in full, and now have 2 (well, 3 with the HSBC acquisition) Cap One cards in good standing with recent CLI, so I'm hoping that might work in my favor!
Hello, Can you please send me the address of the department you contacted regarding your $500 payment. Will this be the department I need to contact in regards to a CO that hasn't been sold to a CA? Thanks