Hello, I have been trying to settle with Cap 1. I offered to give them $800 on a debt that I owed that has been charge off for 1 year now. They keep telling me they want 1,016.11 and nothing else. Has anyone had experience in settling with them and what was there success. I can't believe they won't take anything vs. my offering them something.
I believe what she is asking is if she had a 2400.00 charge-off and Capital One sold the debt, the collection Agency that bought the debt is willing to settle for approximately 1017.00, but wont remove the debt from her credit report. They want to enter settled for less that the full amount. She is trying to settle for 800.00 and want to know the best route to take to get them to remove it from her credit report. Can someone give her some advise?
