That said, it’s still worth trying this method if Capital One still owns your old credit card debt. This method works best if Capital One sold the collection account to a third-party collection agency. With this kind of agreement, you pay a portion of the balance due in exchange for Capital One or the collection agency removing the negative entry from your credit report. If you can't request a goodwill adjustment because the account isn’t current and you still owe a balance, consider a pay-for-delete agreement instead. Pay to delete the Capital One Collections This will work only if you’ve already paid the debt and no outstanding balance is owed. You should write a letter stating why you were late on the account such as a job loss, and ask if the debt collector would kindly remove the negative entry from your credit reports with all three credit bureaus. To get the collection removed from your credit report, you can contact Capital One and ask a representative to remove the collection out of goodwill. Find out ways to improve your credit today! Get Started Today 1. Mistakes on your credit report could be costing you more than you think by lowering your credit score. ![]()
0 Comments
Leave a Reply. |