OK I did something stupid. My only defense is that it was before this board. I had an old charge off cc from cap 1. This year as I'm getting everything together, payingoff debt, addressing credit issues, etc I get a letter from Cap 1. They will give me a cc for the amount of the charge off - and when I pay it off I'll have a new no fee cred card. In exchange they say they will delete the tradeline. I did pay attention to this 'cuz I was just starting the process of rehabbing my stident loans with the Dept of Ed. Then I find this board and realize I should have got something in writing! duh. And the letter I have says they will report it "paid in full." I realize now this is next to useless. In a FAQ insert they answer the question about how the old account will be reported the say "The enclosed letter gives specific information on how your old account will be reflected with the credit bureaus." This makes me think that perhaps they have or will delete for payment. Anyway I've paid the whole thing off and now I'd like advice on how to proceed. I'm considering a PFb to Mr Cooke - but does anybody have any other advice or comments? Thanks, Tom.
