Capital One
Settled Debt Reappears on Credit Report With Higher Balance

I had a credit card with Capital One. The credit card debt got sent over to N.C.O. Financial services. They offered me a settlement in the amount of 191.85. So I sent them a check which they received on 10-28.

They cashed the check on 10/30. I had to file a report with you guys against N.C.O. Financial services on 4/8. N.C.O. Financial services gave me a settlement letter after I proved that I payed them and settled.

I called Capital One in 2003 and they had me fax over the letter which I did and they said that they were sorry for the mix up and they said my balance was all set.

Today I get my credit report and Capital one is still on it. I called them up and they told me I owe them a balance of $786.00 This amount is ridiculous The credit limit was only $500.00 I am looking for the settlement paper, but so far no luck. Is there anything else I can do?

Capital One is very money hungry company and they know I owe them nothing. I settled three years ago. It just seems a little funny that when I had the settlement paper in hand I owed them nothing and they were so sorry and today I owe them more money than the balance.
This is affecting my credit score. I am going to try to go to the media and who ever else will listen!!! People do not ever have a Capital One account. They are corrupt liars.

Sarah
Somers, Connecticut
U.S.A.

Company: Capital One
Country: USA
State: Virginia
City: Richmond
Address: 1957 Westmoreland Road
Phone: 8009556600

  <     >