I’d like to thank everyone for their advice in my previous(also the first) post . I’ve been reading alot on this forum, just trying to get an understanding of the system, and how best to dig yourself out. I have 2 Accounts in collections that i want to resolve as soon as this week. I just want to make sure that when i do pay i take the best and most efficient way, with all intentions to life my feather weight score of 501 . so to the background info:
Capitol 1 –
HighBalance – $ 727
Limit – $ 500
Condition – Derogatory
Status – Collection / Charge-Off
Opened – 05/12
Last Payment – 02/18/2013
Reported – 10/06/2013
Remarks – Charged off as bad debt|Purchased by another lender
The Collection Company for this Account is PORTFOLIO RC and they report as following:
Current Ballance: $ 727
High Balance: $ 727
Status: Collection/ chargoff
I am really mad for burning this bridge with capital 1. they gave me this card when no one else would give me one. After coming on this board folks told me that this relationship could possibly be rebuilt one day, it gave me hope.
Current Balance: $ 109
High Balance: $ 109
Status: Collection/ Charge-off
Original Creditor: Comcast
This Account has got me stumped I was always in good standings with comcast. I just closed my account in 01/2015 and i got my deposit back. I have never even been in contact by this company. If any of you have comcast you know that you have to be on the phone with them constantly and you can’t talk about anything unless your bill has been paid.
So with that background info i’m hoping the fine folks on this forum can help me with the following Questions:
How should i Contact these creditors?
— Should i Mail,Fax, or Call?
should i Contact Capitol 1 First? is this relationship mendable?
Should i contact Comcast about that mistaken Account? Should i call the collection agency? should i just dispute with the Credit agencies?
Is it Possible to remove the negative history? what should i ask for in regards to reporting on my CR?
Should i push for a Settlement or a Paid in full? Would this affect my demands i have against future/past reporting?
Thank You all for your advice again. Although i would like to get another Credit Card, i just got denied a Secured Card from my bank, so my short term goal would be to get a secured card from somewhere.