Captial One’s Dirty Trick

Well its a capitalist world and Cap One is no differet. I am not surprised Cap One tried to push more cards to the guys. What is dissapointing is to see these people take the bait. It’s not rocket science to understand that if you have $300 credit limit…going above that will put you in a whole. But as they say..common sense is most uncommon

i meant “put you in a hole”

damn..that’s why i can’t stand credit cards..haha..tell those folks to visit my website and i’ll show them how to take take CC’s lunch money.

No offense but this is a poor story to point out Capital One ‘dirty trick’. $300 credit limit? They must have had a negative credit rating. Basic finicial management is common sense - these people didn’t have any of that.

Actually, you don’t have to have bad credit to get a $300 credit limit from Cap One. I know; I just got one. Laughed out loud when I saw that limit.

Capital One sucks, they gave me a credit card with a low limit, I wanted to reestablish credit, I was put on bed rest and couldnt work, they wouldnt work with me. It was eventually sent to collections, they wanted $165 a month, of which was mostly interest. I couldnt pay that, I tried to give them a lesser amount, they wouldnt accept it. Long story short, the garnished my wages, not monthly but all $1300 at once, now I cant pay my rent, utility bills or even put gas in my car to go to work, and I have to pay hundreds of dollars in over draft fees to my bank, think twice, is it worth it??? All I have to say is they are making money off of people that dont have it to begin with, now I am looking at an eviction notice and having my utilities turned off for $300.

Well, the real issue is the people that have no sense of self control or ability to calculate their financial status. Just because you know where to buy crack cocaine doesn’t mean you have to go buy it. The people that consistantly get into bad credit issues need to be educated. Business is business and a lot of times those letters are form letters sent to a blind mailing list. I hate it when people say that they were being targeted. I get those stupid introductory offer credit card “preapproved” hurry don’t waste time offers all the time. I toss them out because I am perfectly comfortable with my three credit cards … that I pay on time, never pay late fees and am well aware of what my credit limits are. You know why? Because I burned myself once … paid late fees and learned my lesson. Some have to learn the hard way, worse … others never learn. Like smokers, addicts and alcoholics, they should not blame the industries that provide thier vices but themselvs for succumbing to the temptations. They should be adult enough to know the difference.

Well, the real issue is the people that have no sense of self control or ability to calculate their financial status. Just because you know where to buy crack cocaine doesn’t mean you have to go buy it. The people that consistantly get into bad credit issues need to be educated. Business is business and a lot of times those letters are form letters sent to a blind mailing list.

I hate it when people say that they were being targeted. I get those stupid introductory offer credit card “preapproved” hurry don’t waste time offers all the time. I toss them out because I am perfectly comfortable with my three credit cards … that I pay on time, never pay late fees and am well aware of what my credit limits are. You know why? Because I burned myself once … paid late fees and learned my lesson.

Some have to learn the hard way, worse … others never learn. Like smokers, addicts and alcoholics, they should not blame the industries that provide thier vices but themselvs for succumbing to the temptations. They should be adult enough to know the difference.

This is a prime example of what has brought this country to it’s knees in a credit crisis. Americans won’t take ownership over their mistakes. They need to acknowledge their mistakes and work with them. I’m tired of hearing about smokers blaming cigarette companies, undisciplined spenders blaming banks, and robbery victims blaming gun manufacturers. You need to own up to your own mistakes, grow up and face the consequenses. Be a responsible citizen and suck it up. Too many fragile people in this country.

We have become a country of whiners, compainers and weaklings. The generation that is retiring now, as we speak … they were real men and women taking responsibility in thier own hands and working hard for what we now have. Just grow up already and get on with your life. Stop blaming others.

Capital One got me good and I have no way to prove it. They ran a promotion in Dec. 07 saying sign up for a capital one platinum with $300 limit and no payments until May 5th 2008. So now my balance is $555. and they say its because I haven’t made payments since Dec. and they have no memory of that promotion. Does anyone have any ideas how to help? I looked through all the paperwork and cant find that promotion slip and I signed up for it on the internet. I think thats worse than what they did to Brad.