# I pit Capital One and Jared **URL:** \ **Category:** The BBQ Pit\ **Created:** [June 4, 2026, 8:26pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625 "2026-06-04T20:26:51Z")\ **Posts on this page:** 13\ **Page:** 1
**Author:** ![fedman1](https://avatars.discourse-cdn.com/v4/letter/f/e495f1/32.png) [@fedman1](https://boards.straightdope.com/u/fedman1)\ **Post date:** [June 4, 2026, 8:26pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/1 "2026-06-04T20:26:51Z")
last year I went for debt relief due to high debt. By January, all debts paid off in settlement, USBank and Target promptly reported my settlement to all 3 credit bureaus, but not Capital One or Jared–6 months later they’re still killing my credit score by not reporting settlement, so now I have to approach all 3 bureaus with all my documentation to see if they can get results. Why are they being so stubborn, not to mention unethical by refusing to post payments? Anyone else have these problems ---
**Author:** ![Atamasama](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/atamasama/32/12961_2.png) [@Atamasama](https://boards.straightdope.com/u/Atamasama)\ **Post date:** [June 4, 2026, 8:32pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/2 "2026-06-04T20:32:52Z")
Is this the jewelry store chain “Jared” you’re talking about? (I bought my wife’s engagement ring there a long time ago, because she loves their chocolate diamonds.) ---
**Author:** ![Dewey\_Finn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dewey_finn/32/4222_2.png) [@Dewey\_Finn](https://boards.straightdope.com/u/Dewey_Finn)\ **Post date:** [June 4, 2026, 8:40pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/3 "2026-06-04T20:40:21Z")
“Chocolate diamonds” are an interesting story in that someone took the [brown diamonds](https://en.wikipedia.org/wiki/Brown_diamond) that traditionally had little value in the gemstone market, called them “chocolate” instead, and now people want them. ---
**Author:** ![fedman1](https://avatars.discourse-cdn.com/v4/letter/f/e495f1/32.png) [@fedman1](https://boards.straightdope.com/u/fedman1)\ **Post date:** [June 4, 2026, 8:44pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/4 "2026-06-04T20:44:39Z")
yes it is–they were great when I was a customer, but now… ---
**Author:** ![Atamasama](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/atamasama/32/12961_2.png) [@Atamasama](https://boards.straightdope.com/u/Atamasama)\ **Post date:** [June 4, 2026, 8:54pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/5 "2026-06-04T20:54:06Z")
Yeah… Granted, “chocolate diamonds” are not just any brown diamond, but a particular range of colors (C4-C7 on the Argyle’s color scale) and clarity (Slightly Included or “SI” or better) being marketed by Le Vian. But it’s true that brown diamonds were previously considered unattractive, and held little value before a recent marketing effort. Then again, that’s the story of diamonds in general. Diamonds have long been an attractive stone for decorations and jewelry going back into antiquity (being used as beads as far back as 2000 BC). But they weren’t considered a premium luxury item until the 20th century, when a massive marketing effort by the De Beers group, and the careful control of supply from that company in collaboration with others to force scarcity through what was essentially a monopoly. That monopoly ended only recently, but I think it will be generations before the market goes back to normal. I don’t really see the appeal of brown diamonds, but that doesn’t matter because my wife does, and she absolutely loved that ring. > [@fedman1](#): > > yes it is–they were great when I was a customer, but now… I empathize. I went through something similar with Kay Jewelers more than 20 years ago. My credit rating was all screwed up, and it took time to repair it even after I got the debt settled. Though I don’t think I had to go through as much trouble as you… I think I just had to call a couple of people and wait a couple of months and then it was okay. My credit rating is excellent today (though that’s also through careful usage of credit and prompt payment in the decades since). ---
**Author:** ![Dewey\_Finn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dewey_finn/32/4222_2.png) [@Dewey\_Finn](https://boards.straightdope.com/u/Dewey_Finn)\ **Post date:** [June 4, 2026, 8:58pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/6 "2026-06-04T20:58:01Z")
> [@Atamasama](#): > > I empathize. I went through something similar with Kay Jewelers more than 20 years ago. It may be relevant that both Kay Jewelers and Jared are subsidiaries of Sterling Jewelers. ---
**Author:** ![Atamasama](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/atamasama/32/12961_2.png) [@Atamasama](https://boards.straightdope.com/u/Atamasama)\ **Post date:** [June 4, 2026, 9:11pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/7 "2026-06-04T21:11:41Z")
> [@Dewey\_Finn](#): > > It may be relevant that both Kay Jewelers and Jared are subsidiaries of Sterling Jewelers. Along with others I am familiar with, Weisfield and Zales. Dang. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [June 4, 2026, 9:14pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/8 "2026-06-04T21:14:01Z")
I have no personal experience with Capital One, but I have heard lots of complaints. Lovely Jennifer Garner commercials notwithstanding. But who am I? My mortgage is held by Wells Fargo, who could have their own Pit thread. ---
**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\ **Post date:** [June 4, 2026, 10:00pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/9 "2026-06-04T22:00:39Z")
> [@bobot](#): > > Wells Fargo, who could have their own Pit thread. Rather more than one: **[SDMB Search - Wells Fargo in BBQ Pit](https://boards.straightdope.com/search?q=%23the-bbq-pit%20in%3Atitle%20fargo%20order%3Alatest)**. Seventeen in fact. ---
**Author:** ![Si\_Amigo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/si_amigo/32/2877_2.png) [@Si\_Amigo](https://boards.straightdope.com/u/Si_Amigo)\ **Post date:** [June 5, 2026, 12:01am UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/10 "2026-06-05T00:01:07Z")
Debt relief? So not a bankruptcy. I guess I would like to know if there is any legal obligation for the parties to report to the bureaus or if it is just an arrangement that says they stop trying to collect the debt. Is there an arbitrator that handled this and have you discussed it with them? ---
**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\ **Post date:** [June 5, 2026, 12:42am UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/11 "2026-06-05T00:42:47Z")
Back in the 80s I wanted to apply for a credit card when I was a college student. In order to apply for a Mastercard, I had to also apply for a card from Sears, Shell Gas and Zales. Being that I was 20, I was accepted for all of them except for Mastercard. As the years passed, Sears got rid of their specific cards and so did Shell. The physical Zales card is long gone. When I was going through a divorce in 2007 I saw that I still had that $500 Zales credit available. I was able to cancel all of the joint cards with the ex but as hard as I tried, I couldn’t cancel the Zales card. I am pretty sure that I still have that credit available. ---
**Author:** ![fedman1](https://avatars.discourse-cdn.com/v4/letter/f/e495f1/32.png) [@fedman1](https://boards.straightdope.com/u/fedman1)\ **Post date:** [June 5, 2026, 9:09am UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/12 "2026-06-05T09:09:18Z")
in line with Si-Amigo question, which I should have added to my OP, is there any requirement–legal, contractual, other–that creditors HAVE to report payments or settlements to credit bureaus? What recourse do I have for their failure to do so? Any advise appciated! ---
**Author:** ![Si\_Amigo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/si_amigo/32/2877_2.png) [@Si\_Amigo](https://boards.straightdope.com/u/Si_Amigo)\ **Post date:** [June 5, 2026, 12:01pm UTC](https://boards.straightdope.com/t/i-pit-capital-one-and-jared/1030625/13 "2026-06-05T12:01:30Z")
First confirm that this is not a bankruptcy. Second, who coordinated this debt relief for you? Your legal rights should be covered in the document all parties agreed to when they agreed to proceed with the debt release process. If the arbitrator is unable or unwilling to clarify your legal rights then take that document to a lawyer. I’d be interested in how this process works. There are many ads out there claiming debt consolidation and relief, some I am sure are legitimate attempts to help people. But many just have seem to be taking advantage of people in a bad situation.