Hey guys. I've been reading and studying up on what to do about Cap 1 charge off on my CR. I got 3-in-1 CR recently, and it says on TU and EQ that my Cap 1 account is charged off as of 10/02 with balance of $683.00. I haven't recieved a bill from them for almost a year (my DOLA is 3/02 I believe). So I called them up to take care of this (I did this before I knew about this site), and I got sent to NCO financial. The NCO lady told me my balance now was $765.00 (this was earlier this month) and offered to settle. Since I didn't know better I told them I would pay the whole balance. But I never sent in any payments. So I called them back a few days later, saying that I wanted written agreement from them (CA) to not report me and Cap1 changing my status to "Paid as agreed" with no late or chargeoff notations, and the CA person said yes they'll send me a signed agreement. I haven't gotten the letter from them yet. Did I screw up? What should I do now? I drafted a validation letter, but hasn't mailed it out.
the CA person said yes they'll send me a signed agreement. =================================================== Still waiting for this? The END ************************* LB 59
