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In reply to the discussion: Capital One's new contract says it can show up at cardholders' homes, workplaces [View all]Earth_First
(14,910 posts)35. re: non-default credit rating
I was not aware of this, I'll have to read up on this.
Perhaps this is something that members need to discuss with their CU's and develop a program which would allow potential members access to the Union and rebuild credit worthiness.
A lot of banks prey on individuals with less-than-perfect credit through many times, no fault of their own. Perpetrating a vicious cycle of debt and exorbitant fees associated with the predatory practices.
Thanks for the information. I'll have to read up on it.
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Capital One's new contract says it can show up at cardholders' homes, workplaces [View all]
Newsjock
Feb 2014
OP
CA Rosenthal Fair Debt Collection Practices Act is veery strict and includes not only
BlueCaliDem
Feb 2014
#83
but haven't you agreed to the terms of their contract by keeping their card?
magical thyme
Feb 2014
#118
isn't that pretty much par for the course these days? "we can do what we like and furthermore we
El_Johns
Feb 2014
#8
No, they will show up at your work. Don't kid yourself. This is designed to be nothing more
okaawhatever
Feb 2014
#25
What a gross violation of privacy. Cap One is truly one of the most evil companies in the world nt
okaawhatever
Feb 2014
#10
I hope all who have Capital One as a credit source have read this new contract.
Jefferson23
Feb 2014
#15
Except for the part that says "we reserve the right to change the terms at any time".
El_Johns
Feb 2014
#102
no, but it's something of a red flag, wouldn't you say? It means they can set any conditions they
El_Johns
Feb 2014
#105
Presumably, if they act in a threatening manner, you are free to stand your ground.
Orrex
Feb 2014
#22
I Love my Credit Union! It's small enough that everyone recognizes you when you walk in and are the
adirondacker
Feb 2014
#65
If this language is in the original contract, any subsequent debt buyer could claim the same rights.
ms.smiler
Feb 2014
#27
There ought to be a million ex-cardholder march past their corporate offices
rocktivity
Feb 2014
#34
letmebefrank, for a business owner, you are surprisingly unfamiliar with the operation of our
ms.smiler
Feb 2014
#68
The air has a smell of sock puppet, huh? That was my first reaction too, after checking the profile
Ghost in the Machine
Feb 2014
#112
The mortgage company, IOW the people who actually OWN your house ... who you owe $100K+ to ...
brett_jv
Feb 2014
#100
You might just have something. Just relax and it wont hurt a bit. Drink the corporatist kool-aid.
rhett o rick
Feb 2014
#58
I believe a credit union card might be a good start --some don't require too specific a 'membership'
tomm2thumbs
Feb 2014
#90
Just ripped up a Capital One credit card invitation - trash, just like the company sending it
tomm2thumbs
Feb 2014
#82
LAGC, believe me when I tell you that Midland’s autodialer will be calling you for years, yes years.
ms.smiler
Feb 2014
#111
It's not Cap One doing this, it's the bottom feeder collection agency that bought it for pennies.
hobbit709
Feb 2014
#117
This is true ... but still they could work with/sell collections only to more reputable agencies ...
brett_jv
Feb 2014
#136
What's in MY wallet? Not a fuckin' Capital One card, that's for goddamn sure! NT
Adrahil
Feb 2014
#129