Posted on 02/02/2020 10:21:21 PM PST by nickcarraway
Dear John: I’m 93 going on 94, and a combat veteran of World War II and the Korean War. I am alone. My wife is gone and my children are all married, but help as often as they can.
I went to the Capital One office in Nutley, New Jersey, to cancel my account. The representative wanted to help me keep my credit card. I said “no,” but he kept putting words in my mouth. I said “cancel.”
I made no charges, and paid off the amount due prior to the visit. It keeps charging me interest, etc. L.K.
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That sounds like Capitol One!
Biggest bunch of legalized thieves I ever dealt with.
I had to threaten to sue in order to get them off my back after I cancelled their card.
Cap1 is really weird. We know a person who cap1 cancelled card with zero notice. Individual always paid same day bill arrived. Had 836 FICO credit score and was never late paying any bill in entire life including Cap1. Fortunately you can find better cards from other banks
Jeez. The bastards will turn you down for a credit with no reason at all sometimes. Never heard of them saying to canceling one.
They are notorious for finding excuses to boost interest rates to max.
I know from personal experience that they deliberately delay applying payments in order to charge “Late” fee’s and raise rates.
Next payment I sent by USPS with Delivery Confirmation, got there eight days early but was again billed as “Late”!
That’s when I paid off the balance and cancelled, I had proof they are thieves.
You would not believe the the increasingly generous offers they made to lure me back into their grasp.
No point in taking them up on any of them, they would just manipulate the account to F me again, no thanks!
They hired Alec Baldwin as their mouthpiece. ‘nuff said.
Cap1 probably canceled his card because he was paying the charges off on time, so they were not making money from interest charges.
Lawsuit time.
Ha! That could be. But lots of people pay off their card every month, don’t they? Use the card for record keeping and convenience - avoid the 28 percent interest
The secret is to cancel it on-line, and never talk to a person. I recently canceled mine. The companies are getting wise to that too... canceling Direct TV forces you to talk. My wife, in her brilliance, told them I lost my job.
All Anybody has to do to stop any transactions is tell them that you are going to buy a bunch of scary guns and open up a Gun Shop and need a Business Account and Cards.
You will be banned from most financial institutions so fast it’ll leave your ear lobes a flapping.
Everything you described is why they cancelled it. CC companies consider people like that deadbeats.
“I guess two wars didn’t prepare you for battle with corporate America. Anyway, thanks for fighting for us. It was my pleasure fighting for you. Stay well.”
Some 90ish year old guy has a problem with Cap1 and Crudele uses that to bash “corporate America”? Screw you Crudele.
Okay. I suppose there’s a logic to that. Smile smile
I don’t know what his veteran status has to do with it.
But as a 90 something he should just tell them to screw.
Try to leave ATT Uverse and they put you in counseling. I did manage to get $80 a month of my bill for a few years, but it’s like playing Let’s Make A Deal. I finally got so fed up I called when my bill went from $123 to $195 that I now have just the internet I need to work for only $63 a month. What all these people aim to do is get seniors on Bill-Pay so they don’t realize the screwing they’re getting. The brick and mortar banks suck worse. At least with Cap One you may get a plane ticket every few years.
Chase Bank is also bad to deal with.
I closed a couple of accounts, zero’d them out.
I kept getting bank statements charging me a fee for not having the minimum amount in the account. This went on for 6 months.
They can't make much money off of a customer that doesn't pay interest.
Cap1 also makes it hard to pay off a car loan early. You can't do it at a branch, you have to do it by phone, estimate when they will credit the payment (not the day you send it or they receive it) and then try to get the payoff balance for that day, and then mail to the dropbox (not the bank) address. If they claim they didn't get it credited in time, interest keeps running. So you really need to overpay by at least a weeks interest. Don't expect a refund.
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