I have a charged off account with capitol one in the amount of $1165.....they recently contacted me with a settlement offer of $850! Okay here is the interesting part.....they told me that i qualified for a capitol one unsecured gold card upon receipt of the $850 (should i take that offer)? Anyone input would be very much appreciated
I've heard - no direct experience - that they reage the old account. Remember, any payment activity changes the DOLA so if you can, avoid the deal. You can probably get a Cap1 card w/out re-aging your old account.
