I have probably had every credit card created and "member since" forever. I was rewarded with a large line of credit. I am over extended, but I remain faithful to all of my creditors. To that end, they are all scared of me, but they have to see, if they review my payment history, that I will prevail and they will get their money (loan sharks that they are). Meanwhile, one of my creditors has been really difficult to deal with.
They say I am overdue, and I say I am paid up. The debate has gone on for 6+ months with harassing calls. When I finally got them to send me my history -- since 'on-line' could not go back far enough! (topic for another blog entry) -- it was un-decypherable. They had codes that did were not documented and best I could read it, I was all caught up. In any event, I have consistently paid on this car loan and the one time I did 'miss a payment' (honest oversight), I doubled-down the next month. This was enough to trigger their collections group and they have been relentless, despite the 2-1/2 years of over-payments with a one-month gap.
CapitalOne had always treated me well with credit offers and I leveraged the low-rates to improve my cash flow. When it was time to replace the old car with a new one, I decided to use CapitalOne for the loan -- rather than the factory offer from Honda. I put down 25% of the car sales agreement and everything was fine for the longest time.
As a result of this stressful time, I assure you that I will be shedding my CapOne accounts just as quickly as I possibly can and then I will shred them forever (unless they apologize with a low interest rate).
