Original topic is here http://creditboards.com/forums/index.php?s...p;#entry3959757
I've been active since 2000. Now, we all know that the SCRA doesn't apply to debt incurred while you are on active duty. Well, I screwed up about 2 years ago and let my Chase CC get charged off. I dodged it for a while, and finally decided the right thing to do was to call them and settle. I settled my account for around 45% of the original balance of $4200. Well, after reading CB for a while, I decided to send Chase a GW to see if they would do anything for me. Keep in mind, this account was settled for less than the full balance, reporting $0 on all 3 CRA's. Well, they wrote me back, and said that because I am in the service, they are going to extend to me the SCRA also. They said that all lates, returned item fees, overage fees would be reversed if I sent them proof of my military service. So I faxed them all of my orders since 2000 and my enlistment, reenlistment papers. I called them today, and they said that my account is no longer charged off, has a balance of $1900, and an available credit of $1600. All fees were credited back to me. Basically, they took my charged off account, and made it look like it never happened. If any service members are in the same situation with Chase or any other creditors, you might want to take this approach.
Full Version: Chase charge off reversal because of service!!!!
Well done! Oh, and thank you for serving our country!
Wow...
Joe
Joe
maybe that will work for me after I settle with Sears Citi I tried a scra letter 6 months ago and they denied me.
QUOTE (dmdusn @ Nov 18 2009, 09:46 PM) 
Original topic is here http://creditboards.com/forums/index.php?s...p;#entry3959757
I've been active since 2000. Now, we all know that the SCRA doesn't apply to debt incurred while you are on active duty. Well, I screwed up about 2 years ago and let my Chase CC get charged off. I dodged it for a while, and finally decided the right thing to do was to call them and settle. I settled my account for around 45% of the original balance of $4200. Well, after reading CB for a while, I decided to send Chase a GW to see if they would do anything for me. Keep in mind, this account was settled for less than the full balance, reporting $0 on all 3 CRA's. Well, they wrote me back, and said that because I am in the service, they are going to extend to me the SCRA also. They said that all lates, returned item fees, overage fees would be reversed if I sent them proof of my military service. So I faxed them all of my orders since 2000 and my enlistment, reenlistment papers. I called them today, and they said that my account is no longer charged off, has a balance of $1900, and an available credit of $1600. All fees were credited back to me. Basically, they took my charged off account, and made it look like it never happened. If any service members are in the same situation with Chase or any other creditors, you might want to take this approach.
I've been active since 2000. Now, we all know that the SCRA doesn't apply to debt incurred while you are on active duty. Well, I screwed up about 2 years ago and let my Chase CC get charged off. I dodged it for a while, and finally decided the right thing to do was to call them and settle. I settled my account for around 45% of the original balance of $4200. Well, after reading CB for a while, I decided to send Chase a GW to see if they would do anything for me. Keep in mind, this account was settled for less than the full balance, reporting $0 on all 3 CRA's. Well, they wrote me back, and said that because I am in the service, they are going to extend to me the SCRA also. They said that all lates, returned item fees, overage fees would be reversed if I sent them proof of my military service. So I faxed them all of my orders since 2000 and my enlistment, reenlistment papers. I called them today, and they said that my account is no longer charged off, has a balance of $1900, and an available credit of $1600. All fees were credited back to me. Basically, they took my charged off account, and made it look like it never happened. If any service members are in the same situation with Chase or any other creditors, you might want to take this approach.
QUOTE (dmdusn @ Nov 18 2009, 09:46 PM)
Original topic is here http://creditboards.com/forums/index.php?s...p;#entry3959757
I've been active since 2000. Now, we all know that the SCRA doesn't apply to debt incurred while you are on active duty. Well, I screwed up about 2 years ago and let my Chase CC get charged off. I dodged it for a while, and finally decided the right thing to do was to call them and settle. I settled my account for around 45% of the original balance of $4200. Well, after reading CB for a while, I decided to send Chase a GW to see if they would do anything for me. Keep in mind, this account was settled for less than the full balance, reporting $0 on all 3 CRA's. Well, they wrote me back, and said that because I am in the service, they are going to extend to me the SCRA also. They said that all lates, returned item fees, overage fees would be reversed if I sent them proof of my military service. So I faxed them all of my orders since 2000 and my enlistment, reenlistment papers. I called them today, and they said that my account is no longer charged off, has a balance of $1900, and an available credit of $1600. All fees were credited back to me. Basically, they took my charged off account, and made it look like it never happened. If any service members are in the same situation with Chase or any other creditors, you might want to take this approach.
I've been active since 2000. Now, we all know that the SCRA doesn't apply to debt incurred while you are on active duty. Well, I screwed up about 2 years ago and let my Chase CC get charged off. I dodged it for a while, and finally decided the right thing to do was to call them and settle. I settled my account for around 45% of the original balance of $4200. Well, after reading CB for a while, I decided to send Chase a GW to see if they would do anything for me. Keep in mind, this account was settled for less than the full balance, reporting $0 on all 3 CRA's. Well, they wrote me back, and said that because I am in the service, they are going to extend to me the SCRA also. They said that all lates, returned item fees, overage fees would be reversed if I sent them proof of my military service. So I faxed them all of my orders since 2000 and my enlistment, reenlistment papers. I called them today, and they said that my account is no longer charged off, has a balance of $1900, and an available credit of $1600. All fees were credited back to me. Basically, they took my charged off account, and made it look like it never happened. If any service members are in the same situation with Chase or any other creditors, you might want to take this approach.
Would you happen to have a sample letter? as i've mentioned before the same thing happened to me with Ford. i was activated and have stayed on active duty since 2004. in 2006 when i was deployed over seas, my wife was pregnant and had to stay home due to complications. needles to say we fell behind to the amount of 13 late payments. we've pleaded with the credit analysts at Ford, but we were quickly shot down back in 2008. you'd think they would have a little compassion since ive been a customer since 2001 with no other black marks except for that time period.
***Also, does anyone know out what to say when a credit analyst or CSR tells you there is no possible way they could change what a report says once it has already been reported to the CB's??Thanks...
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