Comments on: Capital One Interest Rate Cut To Zero! http://debtsucksblog.com/2009/05/21/capital-one-interest-rate-cut-to-zero/ I WILL be debt free by May 2014! Mon, 06 Sep 2010 02:56:51 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Jake http://debtsucksblog.com/2009/05/21/capital-one-interest-rate-cut-to-zero/#comment-877 Jake Thu, 09 Jul 2009 03:38:58 +0000 http://debtsucksblog.com/?p=371#comment-877 FLMOCHMOM, yes, it was. See this post: http://debtsucksblog.com/2009/05/30/they-werent-lying-0-interest/ FLMOCHMOM, yes, it was. See this post:

http://debtsucksblog.com/2009/05/30/they-werent-lying-0-interest/

]]> By: FLMOCHMOM http://debtsucksblog.com/2009/05/21/capital-one-interest-rate-cut-to-zero/#comment-876 FLMOCHMOM Thu, 09 Jul 2009 01:52:03 +0000 http://debtsucksblog.com/?p=371#comment-876 So, did you ever find out if your interest rate was reduced? I ask because, I too, owe Cap One money that I would like to repay, but would certainly love to repay at a lower interest rate if such a thing exists. So, did you ever find out if your interest rate was reduced? I ask because, I too, owe Cap One money that I would like to repay, but would certainly love to repay at a lower interest rate if such a thing exists.

]]> By: Jake http://debtsucksblog.com/2009/05/21/capital-one-interest-rate-cut-to-zero/#comment-692 Jake Sat, 23 May 2009 08:13:21 +0000 http://debtsucksblog.com/?p=371#comment-692 Actually, D, now that I think about it, with the way that she worded it, I think she may have just been playing word games. Hmmm. Actually, D, now that I think about it, with the way that she worded it, I think she may have just been playing word games. Hmmm.

]]> By: the1chery http://debtsucksblog.com/2009/05/21/capital-one-interest-rate-cut-to-zero/#comment-689 the1chery Fri, 22 May 2009 15:55:58 +0000 http://debtsucksblog.com/?p=371#comment-689 Dedicated is right. I made a deal with the devil umm I mean Cap One and it still haunts me on my credit report today! Dedicated is right. I made a deal with the devil umm I mean Cap One and it still haunts me on my credit report today!

]]> By: Jake http://debtsucksblog.com/2009/05/21/capital-one-interest-rate-cut-to-zero/#comment-687 Jake Fri, 22 May 2009 04:27:46 +0000 http://debtsucksblog.com/?p=371#comment-687 Maybe so, D. However, I was planning on making a larger payment each month anyway, so it's not that big of a deal (other than getting my hopes up and such). Also, it's kind of too late to get things in writing, as the agreement had already been made over the phone - I have no leverage, and they deduct right from my account, so... yeah. My real problem now is getting them to change my payment date like they offered. Called today from work and was transferred to the supervisors voicemail (supposedly), but will be calling again tomorrow to confirm. Maybe so, D. However, I was planning on making a larger payment each month anyway, so it’s not that big of a deal (other than getting my hopes up and such). Also, it’s kind of too late to get things in writing, as the agreement had already been made over the phone – I have no leverage, and they deduct right from my account, so… yeah. My real problem now is getting them to change my payment date like they offered. Called today from work and was transferred to the supervisors voicemail (supposedly), but will be calling again tomorrow to confirm.

]]> By: Dedicated http://debtsucksblog.com/2009/05/21/capital-one-interest-rate-cut-to-zero/#comment-685 Dedicated Thu, 21 May 2009 15:33:47 +0000 http://debtsucksblog.com/?p=371#comment-685 Warning - that rate is not real and is a standard collection firm lie. Unless it is in writing it does not exist. Call today and verify this and then tell them payments at the higher agreed amount will follow your receipt of a letter dictating the new lower interest rate with complying. Do NOT pay anyone a settlement without receiving the numbers and agreement in writing. Then pay with a money order or certified funds (unless you get actual checks back with your account). Keep both the letter and payment - FOREVER. Believe me, I learned the hard way that this can come back and bite you. Trust no one collecting from you....well except mom. Warning – that rate is not real and is a standard collection firm lie. Unless it is in writing it does not exist. Call today and verify this and then tell them payments at the higher agreed amount will follow your receipt of a letter dictating the new lower interest rate with complying.

Do NOT pay anyone a settlement without receiving the numbers and agreement in writing. Then pay with a money order or certified funds (unless you get actual checks back with your account). Keep both the letter and payment – FOREVER. Believe me, I learned the hard way that this can come back and bite you.

Trust no one collecting from you….well except mom.

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