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First of all Who would you pay first, the Lending Tree mortgage, the goverment, or required medicines? Thanks in advance for any answer. Another quick question... Received a ltr from a CA 3/4 weeks ago collecting for CapOne, I sent a validation ltr to the CA and CapOne responded to the Validation ltr saying it is reviewing my dispute..

This morning I received a ltr from CapOne with a copy of my application and the last three statements sent to me. In the ltr from CapOne it said I have to work with the CA. Is this debt validated? I am currently checking the amounts/balance maybe I can dispute it. But more importantly I want to settle this crap with CapOne but will they send me back to settle with the CA? Any thoughts on this one?..

asked Feb 28 at 09:40

Leonardo's gravatar image

Leonardo
44


I'm stumped. I'm not so sure what is the right answer to your question. I'll do some poking around and get back to you if I bump into an good answer. You should email the people at Lending Tree as they probably could help you..

answered Feb 28 at 09:53

Nehemiah's gravatar image

Nehemiah
4959

I also had a problem with Cap1. I had a charge off in 1999 and received an offer from them to reopen the account last may. I agreed only to discover that it was not the old account they just transferred the debt to a completely new card and left the old tradeline listed as a charge off. I have spoken with Mr. Cook and he is trying to help but the whole experience has me p.o.'d...

answered Feb 28 at 11:28

Ezra's gravatar image

Ezra
2531

There is a nubmer of us here with this same problem. Since they will not delete without full payment, do you just settle and take the hit on the report? Or keep negotiating until a lawsuit falls on your lap? It's a tough question I've never seen a real clear answer to...

answered Feb 28 at 12:22

Eli's gravatar image

Eli
1445

I guess my other questions will be.... Since I sent the validation ltr to the CA and CapOne (who is the OC) sent me copies of contract, Is the CA off the hook? If my validation ltr is for the CA then why is CapOne answering it? do you think CA knows that CapOne sent me copy of contract?.

Man, I am somewhat confused. My plan of settling is on hold.....

answered Feb 28 at 12:51

Gabriel's gravatar image

Gabriel
2944

Who is the CA? My account went to TriAdvantage who I'm pretty sure is Cap1 assigned CA. Maybe others can help with the whole assigned CA/validation senerio. Sounds to me like you have been validated...

answered Feb 28 at 14:13

Tanner's gravatar image

Tanner
3301

Yup, Triadvantage is the CA. so far they've been passive. The thing is, I have my wife's FUSA acct with them too. I'm thinking there might be some kind of domino effect if I start settling with them...

answered Feb 28 at 15:17

Spencer's gravatar image

Spencer
1421

Hi, After many phone calls and lots of hanging up and rude answers from them, I reached an agreement with Arrow, for Cap1 acc, but only as settled, but it's not done yet.(Payment has not been made) And, to my surprise, in the middle of this, it got deleted from Eq!! Still on TU, not in Ex...Got my fingers crossed it won't get back once the payment and the reporting is done...If I were you, I'd try , it all depends on who is in charge of your acc. mine was in the hands of the worst!! Good luck!..

answered Feb 28 at 16:31

Malia
's gravatar image

Malia
3147

Arrow settled 2 accounts with me for my wife for about .35$ on the dollar. Now it is just a matter of getting the settled tradeline removed. I was usually able to get 35 to 40 cents on the dollar from all CA's by going into a long winded excuse as to her problems with paying the debts, (Her ex-husband owes maybe $50k in back child support), but not removal of the negative tradeline..

The grand exception was the nutheads at RMA who are rather rude, lawless in general. Their final settlement is going to be .00$ on the dollar...

answered Feb 28 at 17:08

Morgan's gravatar image

Morgan
1547

Go after RMA with the attempt to sue. They never validate are about as bad as Arrow. As far as Cap1, I called them up just to settle the account so that I can get a mortgage and they offered me 50%. I took it because I need to get it paid, but they won't get a dime until I get it in writing like they said I would. Surprisingly they were pleasant on the phone to deal with. My advise is to just call the OC and tell them you want to settle the account if you need to get it paid.

RMA and Arrow are just thugs and money beggars. So document everything when dealing with these fools...

answered Feb 28 at 17:45

Abby
's gravatar image

Abby
1525

I'm a little foggy on this - with the assigned status and the CA not reporting.....

If one settles with the CA, you can pretty much count on the rest of the debt being sold to another CA, right?.

In order to get it waived you'd have to settle with Cap1 and get a 1099 for the amount waived, no?.

Thanks!..

answered Feb 28 at 19:05

Phoebe
's gravatar image

Phoebe
4236

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