Okay, Thanks guys.

I appreciate all your help and advice. You guys are really good. I will let you know what happens.

Darlene

I agree with average_joe..
contact Capital One and have a visit with them...

They really like it when their customers contact them and update them with their financial status.

What I have found so far, that the statute of limitation in Newfoundland is six years for a creditor to sue you. I am going to double check with someone that is in the debt settlement business.

Hi Average Joe,

As your questions, no I am not in a position to pay it all off, I can only make monthly payments. I have no idea which collection agency has this account because I have never been contacted about it. It is about 2 years old and I have not made any payments on it since then, as I was not in a position to do. I am from Newfoundland. Thank you for your reply and I will contact the collection department of this company.

I would call capital one's collection department and state to them, you want to settle this debt. Are you in a position to settle this debt in a one time lump sum payment? How old is the debt? When was the last time you made a payment on this account? Who is the collection agency that you gave the payment too and how long ago? Which province do you live in?

Hi Monty,

I was wondering if you or someone out there could help me with this. I have an old credit card from capital one. It was a $1500.00 limit and I used it when I was not working and blah blah, you know how it is. Anyway, I was trying to get a loan and the bank told me that the card was now $7000. Wow, I just ordered my equifax to see what the total is. I want to start making payments on this a month but, I have not heard from a collection agency or anything. How do I go about getting in touch with someone to start making payments. Plus, I refuse to pay that amount when I did not use it.

Thanks,

Darlene