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'Capital One'......says it can show up at cardholders'....Homes,Workplaces!!!!

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posted on Feb, 19 2014 @ 12:55 AM
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I thought the predatory practices of creditors was already barbaric enough but ....


Credit card issuer Capital One isn't shy about getting into customers' faces. The company recently sent a contract update to cardholders that makes clear it can drop by any time it pleases.
The update specifies that "we may contact you in any manner we choose" and that such contacts can include calls, emails, texts, faxes or a "personal visit."



Incredibly, Cap One's aggressiveness doesn't stop with personal visits. The company's contract update also includes this little road apple:
"We may modify or suppress caller ID and similar services and identify ourselves on these services in any manner we choose."
Now that's just freaky. Cap One is saying it can trick you into picking up the phone by using what looks like a local number or masquerading as something it's not, such as Save the Puppies or a similarly friendly-seeming bogus organization.


So...if you are behind on your credit card payment....don't think you are safe in your home or worse, at your desk in your cozy little cubicle.....because Capital One is going to send goons to get their money.

I am just waiting for their next contract update to say they can break your knee caps if you don't pay up!

Link to full story and video: www.latimes.com...




posted on Feb, 19 2014 @ 01:02 AM
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Reason #7,921 NOT to have a credit card.

Capital One has some of the most aggressive tactics in collecting there is. They don't play with others being late as some other companies do. The best thing folks can do in this situation is close out their cards and pay off their balances as soon as possible (I am all too aware of how difficult this can be). If they disagree with their "collections" methods... don't participate. They will either change them when folks quit using them or they will continue doing what they do because people continue to use them.

Like you, I can see " you will be swimming with the fishes" if you default being added in the future at this rate.
But if people don't borrow, they can't threaten.

ETA - That them visiting your home or office is a lot better than them levying your personal property. They do this often. Meaning they can/do/will take the amount of money you owe, plus interest from your checking/savings account when you default. You go to withdraw money? None for you... Capital One emptied your account.

edit on 2/19/2014 by Kangaruex4Ewe because: (no reason given)



posted on Feb, 19 2014 @ 01:08 AM
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Ahhh, Banks. Capital One "What's in Your Wallet" hehehe, better be some pepper spray from the looks of this.

The Mafia is alive and well it seems.



posted on Feb, 19 2014 @ 01:10 AM
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You know today was the third time in less than a month capital one sent me a letter(I assume to get a card) in the mail. I don't even open them I just shred them. I have 0 credit cards, and I am happy for it. Some say they are good for travel, but I don't have a problem without them in fact I have met plenty of people who spent days on the phone trying to clear up where their number was stollen.

No thanks I don't need the hassle.



posted on Feb, 19 2014 @ 01:14 AM
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Aside from the Nazi/Mafia tactics,

be on the lookout for con artists posing as collectors or "visitors".

It's all over the news now, and that will send buzzwords to criminals.




posted on Feb, 19 2014 @ 01:15 AM
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Grimpachi
You know today was the third time in less than a month capital one sent me a letter(I assume to get a card) in the mail. I don't even open them I just shred them. I have 0 credit cards, and I am happy for it. Some say they are good for travel, but I don't have a problem without them in fact I have met plenty of people who spent days on the phone trying to clear up where their number was stollen.

No thanks I don't need the hassle.


Grim,
I couldn't agree more. I have a debit card only and use cash as much as possible. I have only run into travel issues once on a business trip. Hotel was paid for by the company but they still wanted my personal card....which I didn't have. My boss ended up having to give his card for my room as well as his.
that's when the mini-bar emptied out!!



posted on Feb, 19 2014 @ 01:15 AM
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Grimpachi
You know today was the third time in less than a month capital one sent me a letter(I assume to get a card) in the mail. I don't even open them I just shred them. I have 0 credit cards, and I am happy for it. Some say they are good for travel, but I don't have a problem without them in fact I have met plenty of people who spent days on the phone trying to clear up where their number was stollen.

No thanks I don't need the hassle.


A lot of people do believe you must have one. I don't have any bank issued card either, but I do have one of those prepaid cards that you can get anywhere these days to use for online purchases. I have used the same one for over 4 years now and have never had a problem with it. I put what I want on it and don't have to worry about late fees, etc. When I spend what I put on it, I don't have to worry about going over the limit. They are accepted anywhere any other Visa/Mastercard is accepted so nobody needs one for that reason anymore.



posted on Feb, 19 2014 @ 01:16 AM
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xuenchen
Aside from the Nazi/Mafia tactics,

be on the lookout for con artists posing as collectors or "visitors".

It's all over the news now, and that will send buzzwords to criminals.



whoa....Great point xuenchen......I hadn't thought of that little nugget!!



posted on Feb, 19 2014 @ 01:19 AM
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Go to people's home, show up at their places of work? Really who is going to take up this line of work, ex TSA?
Furthermore how is that not illegal?



Tale number three involved facebook stalking, in a case in which Kathryn Haralson in Florida fell behind on her car payments. The bill collectors called the debtor, her office, her father, her brother, her husband, and her daughter, who was away at college. The collector dialed her husband's cell phone so much that he had to stop answering it and missed several business calls, she says. The collector called her brother at work enough to jeopardize his job and refused to stop, she says. Then he tracked Haralson down on Facebook and wrote: "Good day. Please contact Mr. Rice at MarkOne regarding a personal business matter," followed by his phone number. She found a lawyer and is prepared to sue. No kidding!

Debt collection horror tales.



posted on Feb, 19 2014 @ 01:21 AM
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reply to post by UxoriousMagnus
 


So if you have a past due payment, a collector may come to your door...

I have a crazy idea, PAY YOUR BILL.

Can you please explain to me why you think door to door collections is the same as a "goon" squad? I assume that you were not around back a couple decades ago when door to door collections was more common. This is NOT unusual and it is not frightening.

Stop trying to freak people out. If you can't pay your bill because money is so precious then try to consider the company's reason for attempting to collect the debt - because like stated before, money is precious, and they want the money they loaned to you.

I do agree that it will be hard to fill the position, but that is only because of how dangerous the job can be for the collector themselves, because of people spouting doom porn and over reacting like this...
edit on bWednesday201423b by Infinitis because: (no reason given)



posted on Feb, 19 2014 @ 01:31 AM
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Infinitis
reply to post by UxoriousMagnus
 


So if you have a past due payment, a collector may come to your door...

I have a crazy idea, PAY YOUR BILL.

Can you please explain to me why you think door to door collections is the same as a "goon" squad? I assume that you were not around back a couple decades ago when door to door collections was more common. This is NOT unusual and it is not frightening.

Stop trying to freak people out. If you can't pay your bill because money is so precious then try to consider the company's reason for attempting to collect the debt - because like stated before, money is precious, and they want the money they loaned to you.


You should read a little book called "The Creature From Jekyll Island" ...

It is about the creation of the Federal Reserve and the structure for our current banking system.

It explains how they gamed the system to destroy our wealth (Americans).

Credit card companies use exorbitant fees, interest rates and tricky contract changes (like this thread is about) to control your financial life and make you a slave to debt.

Try sending a contract change to your bank about your car loan or mortgage....

Debt is the most destructive force on planet earth.

Furthermore, they lend out money they don't have, never did.

but you are right people should pay their debts and people should absolutely not get credit cards but they are making it almost impossible to go without.

With people losing their jobs or barely being able to put food on the table in this country.....you can't see where someone might get upside down on a credit card payment? And you think they should be able to come to your house or work?

The reason they probably stopped door to door collections is because the collectors started to disappear.



posted on Feb, 19 2014 @ 01:44 AM
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reply to post by UxoriousMagnus
 


Found a picture of their newest credit card.



Pay up or we'll send Alex Baldwin after you!



posted on Feb, 19 2014 @ 01:47 AM
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Bassago
reply to post by UxoriousMagnus
 


Found a picture of their newest credit card.



Pay up or we'll send Alex Baldwin after you!


Pay up or he'll call you (a word synonymous with) gay and b!@ch slap you while TMZ films it.

edit on 2/19/2014 by Kangaruex4Ewe because: (no reason given)



posted on Feb, 19 2014 @ 01:48 AM
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Bassago
reply to post by UxoriousMagnus
 


Found a picture of their newest credit card.



Pay up or we'll send Alex Baldwin after you!


Priceless .....



posted on Feb, 19 2014 @ 01:51 AM
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reply to post by Kangaruex4Ewe
 


all while you are trying to work peacefully in your cubicle....

diligently working away to try to make enough money to pay them back...

though you will probably get fired because Alec keeps showing up at your work to beat the pisss out of you.



posted on Feb, 19 2014 @ 02:05 AM
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reply to post by dreamingawake


Go to people's home, show up at their places of work?

 


And your employer could suspend or fire you because:

"Your conduct outside of the workplace" is not acceptable and could place other employees in a hostile work environment.

It would be "for your protection as well as ours".




posted on Feb, 19 2014 @ 02:06 AM
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If i ever get another Credit card it will be in a company name.

Let the collector try to find me then.

By the way i have never been behind on a bill.

But i have had collectors bother me for BS bills.

Once for another guy with the same first and last name but spelled different. in that case i warned the bill collector he was trespassing and i would arrest him if he ever came on my property again. the cops thought this was funny because they knew the other guy and his arrest record from dealing with him many times. The cops explained it to the collector that he had the wrong guy an that i would arrest the collector at gun point.

Other time for a double dip for a bill paid by the VA for a ambulance ride. This one i warned about fraud and how i would sue him if he tried to garish my back account.

And once for internet service i never got because because there tech support could never get it to connect. Sent the letter back with deceased on it. Found out later that the internet company i had signed up with had sold the company a week later and never told the new company that about half there clients were no longer connected because of bad service.
edit on 19-2-2014 by ANNED because: (no reason given)



posted on Feb, 19 2014 @ 02:08 AM
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UxoriousMagnus

Bassago
reply to post by UxoriousMagnus
 


Found a picture of their newest credit card.



Pay up or we'll send Alex Baldwin after you!


Priceless .....




No that's actually a different credit card company



posted on Feb, 19 2014 @ 02:18 AM
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Simple, dont use credit cards, paying interest for credit is dead money...



posted on Feb, 19 2014 @ 02:19 AM
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reply to post by UxoriousMagnus
 





And you think they should be able to come to your house or work?


I think they have that right, yes, just like you have the right to not answer your door.

Something that most people don't realize is that door knock collections are extremely rare and only used in VERY HIGH DEBT situations.

Do you know how much it costs to send someone out to be exposed to such a risk and be responsible for collecting that amount of money? On top of that, the majority of door knock collections (because they deal with such high value claims) usually involve police escort.

Companies are not going to go through all that trouble if they can avoid it. Over 95% of the people who are so scared of this, will probably never even have a high enough credit limit to even be considered for a door knock collection, let alone a high enough debt.



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