Hi All and Happy Holidays, I have a charge off with Capital One, the high balance was around $200 now with finance charges it has ballooned up to over $700. I didnâ??t realize that they would tack on finance charges on me even after it went to a charge off. I asked them to send me a signed contract but they said since I applied over the phone or internet that they donâ??t have a signed contract. I thought that the only way they could tack on finance charges when the account becomes delinquent is if it is in your contract. Dose anyone know for sure if that is correct? I was thinking about sending them a letter telling them I am considering taking them to Small Claims Court if they donâ??t stop reporting it to the CRAâ??S. I believe they are not reporting it correctly because they canâ??t give me copy of my contract. I am willing to pay around half the balance and a little finance, but not that much. The fact that it went to a charge off was my bad but this is getting out of hand. My credit shouldnâ??t suffer like this because of a $200 charge off. Would PFB be a way to go or send them something directly? If I even have a leg to stand on? Thanks, Tin
