View Single Post
Old 01-03-2009, 05:07 PM   #11
Blueface
Gramps 4x's
 
Blueface's Avatar
4
 
Join Date: Oct 2008
First Name: Horatio Seymore Hiny
Location: Boca Raton - North of La Habana
Posts: 8,774
Trading: (8)
Bolivar
Blueface has disabled reputation
Default Re: $32K in credit card debt at 28% interest.....

Quote:
Originally Posted by cricky101 View Post
Minor thread jack, but I just tried to use a Capital One Visa card I've had for 10 years to find out the account had been closed because of inactivity. I haven't used it in two years. I've got great credit and was never late on a payment and would be, I thought, a great low-risk customer

It stinks because it was my first card - I got it when I was 18 - and the closing of the account will affect my credit score and I'm in the process of looking for a house.

Might be a good idea to make a call if you've got a Capital One card you haven't used for a while.
Interesting.
I just went to BrandsMart a couple of weeks ago and purchased a fridge, using their "Same as cash" that I love so much, as my money is put aside, earning interest while I pay them none.
When I went to pay with their credit card, I found out it had been closed for inactivity of 1 year, not even 2 as in your case.
I had to open a new one but it was well worth it for the 12 month same as cash promo.
__________________
Little known fact: I am a former member of the Village People - The Indian
Blueface is offline   Reply With Quote