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Capital One Experiences- Please Guys!
HereGoes!
Posts: 43 Forumite
I have offered CO a settlement figure of £3500 on a 7k debt.. has anyone got experiences of them?
Do they have a policy to settle on certain %'s of the balance?
Please people.
Do they have a policy to settle on certain %'s of the balance?
Please people.
*PROUD TO BE DEALING WITH MY DEBTS!*
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Comments
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Is this on a loan or Credit Card?? They wouldn't offer my mum a settlement figure on her credit card she had to pay the full amount.0
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Credit card... :-S*PROUD TO BE DEALING WITH MY DEBTS!*0
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DH had a credit card debt (Which was actually statute barred but anyway..) It was £580 and they offered to settle it for £380.... Offer it.... the worst they can do is say no but it opens up the field for negotiation and they may come back with an offer they will accept.Total 'Failed Business' Debt £29,043
Que sera, sera.
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I have nothing useful to add, however can I ask that you please update us on your progress? I will be watching closely as they are one of my sister's creditors. Thank you
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Hi HereGoes!
£7000, thats a serious amount of YOUR money that Capital One have deprived you of. :eek:
I say don't give in. I have been chasing
"Crap One" for over 3 months now for just £700 (including interest) and they are really messing me about! :mad: :mad:
Looking through this forum the only people that have had 100% success with them are those who are prepared to take them all the way by issuing a county court claim and I now feel that thats the only course to take with them.
The best that you can expect if you don't issue a claim is just a refund of the difference between charges at £20 and £12. Thats only a £8 refund for each charge and no interest for all the time that they have had and used your money. "Thats not good enough!" they are taking the "Pi*s"
I am now going to issue a claim against them as other banks I have found to be fair and reasonable - but not Capital One - IF I WAS YOU I WOULD GO ALL THE WAY AND GET EVERY PENNY BACK FROM THEM PLUS A TIDY AMOUNT OF INTEREST!
The very best of luck to you!0 -
Sorry HereGoes
I though your post was about reclaiming Capital One "late payment" and "over limit" fees not a DMP.
As you may have noticed I am rather frustrated with them. (does any of your debt include any of these charges?)0
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