Re: Re: Re: Cap1 sent repayment letter.Now what? sorry it's taken me a while to get back, rennovation blues. i initially had not only a charge off, but a collection listed on all three reports. after a month or two after starting payments, i was able to dispute the collection account and have it removed from all three, and the co removed from transunion, but it still is remaining on eq and ex, but it is listed as paid. and not reaged. on top of that, they forgave 20% of the original debt. i plan to wait a month or two and dispute again with my new address. the worst case scenario is you don't pay it, then you have 2 derogs (original and collection agency), best case is you pay it (over time-55 bucks a month, and a new credit account), and you get a positive tl, remove one of the drogs(at least) and start the clock on the good tradeline. whether it's a scam or not, i can only tell you is that i am happy, and they are happy. they got their money, and i am on the road to having excellent credit. i was glad to have the collection agency hounds off of my back as well, and i didn't have to worry about the account coming back to haunt me during the closing of my house. a little peace of mind goes a long way!
Re: Re: Re: Re: Cap1 sent repayment letter.Now what? nice. I actually took the same offer before i saw the post here. i will have to dispute as you did too. so far i am happy with the way mine is turning out too.
