more info on charge offs/recovery/capitol one methods

Posted by catballou (207.43.76.158) on March 18, 2004 at 14:10:14:

for anyone this can help...i learned some more things this morning on cap one and how things work. the number to what cap one calls "recovery" is to MRS assc collections. a very nice man i spoke to..btw..a SKB/reformed/ civilized collector. he told me how things work. in 6 months cap one has sent my account to them...one of them. he states they r one of last resort and i said its only been 6 months..dont write me off so fast! your accounts are sent here and there so fast..i at least cant keep up with who has them. they dont have the triad account tho sigh* sad face*..but..anyone who is trying to deal with this company i can vouch for this one guy. cap one has no hardship..program..nothing no matter what you may tell them has happened to you. they will add on fees until they charge you off and they dont care why you cant pay the amount due. dont bother even telling them--it makes NO diff to this company. they will not work with you at all and as i was told.."we will get our money somehow" which i took to mean..we will ruin your credit if we have to. which they did. whatever has happened to you, they dont care. fall dead..they dont care. but..if you have more than one account..they will send them all over . he said they prolly wouldnt even keep this account a month and it will go somewhere else. and they havent even contacted me..i didnt even know they HAD the account. dont know how much this helps..but at least the next person wont go blind into things as i am doin. this CA even told me to tape triad and everything that was illegal they were doin! unfortunately to pay it off..they will add several more hundred dollars to the amount on top of the interest of 26%. oh well. if i can help anyone with something..on capitol one or texas laws..please feel free to ask anytime. i usually have my email on my post also in case someone doesnt want it public. i wont ask any personal info either..nor give mine out. my head is still spinning on these accounts..i wouldnt know who to pay now if i could lol lol. i didnt even know MRS had this account! lol.

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