I DID IT! CAP ONE CHARGE-OFF FINALLY PAID

[Jannelo]

Beginning last September, I paid off one Cap One charge-off.  It went to collections, so I ended up paying $400 and something.  What I owed was much less than that before it went to collections when they tried to gouge me. That's before I really began reading on here and gained some knowledge. 

Anyway, then I began working on the second Cap One charge-off of $3,966 before it went to collections also.   I called Cap One and set up a payment plan. I was down to $1,116 after a payment the first of last month.  But I listened to a couple of posters on here who stated it would continue to harm me as it kept reupdating every month.   I called Cap One and asked if they could take some off of the remaining $1,166 so I couldl get it paid instead of dragging out payments for five or six more months..  They took $400 off of the $1,166 and broke the remaining balance into two payments for me and told me it would report as paid in full once I paid the balance.  I paid the first half 30 days ago and just called and paid the remaining agreed-upon amount.  The CR said it could take a couple of months to update as paid.  But it's done.   What a relief.     Thanks for the encouragment.

[AllZero]

Congratulations on your success!

[FireMedic1]

Congrats.

[Brooklyn2018]

Nicely Done!!👍👍👍


I❤️NY

[Anonymous]

Congrats - always good to rid yourself of an albatross like that. Onward now

[satio]

Yes

Congratulations on your perseverance and success in follow through!

I had two CO with Cap1

Now just have to be patient for about 60 days for them to fully update on each CRA

[Openwater]

Well done! Congrats ! Nothing like scratching one baddie off your list! Cheers, may you have continued success!

[Brian_Earl_Spilner]

CONGRATS!

You should head to Club U🧦 in smorgasbord to celebrate, on us. First bottle on the house.*

*Restrictions apply. Top-tier liquor is not included, but can be substituted at an additional cost. Bottle service is restricted to a party of no more than 5 per bottle. 2 hours included at no charge, after which regular fees apply. This offer is for intended recipient only and can not be transferred or gifted. MyFico ID and credit report is required for entry and redemption of gift.

[izzesparks]

Congratulations!!!