Good post - now, the “begats”:
Providian became Wamu, which is now Chase. Chase is famous for ratejacking. Capital One will ultimately sue everyone who goes to collection. Beware the default judgment.
capital one sent me a letter canceling my acct due to lack of use....so be it...
i paid off chase...got a letter raising my rate from 7.9 to 12.9%...called and asked why...was told it had nothing to do with my credit worthiness but that it was due to the current economic conditions...wtf!!!