Capital One CCA Request

edinjac

Hi there

I also recieved a letter stating that my APR was going to be increased to 29.9%. I called them to opt out which has now been done. I am still paying off my card although i have cut it up and my account has been blocked.

This may seem a stupid question but why didn't you just do that?

finshe

Thank's ILW,

I looked at other posts regarding invalid DN but i now doubt i can go that route as they gave 28 days and then issued the termination.

I do think it was invalid because of the maybees contained in it, but how do i counter that?.

I think also because the account was in dispute when terminated, maybe a way to counter but again i have no idea how to reply.

finshe

hi edinjac,

I asked for a copy of the agreement to see if they had a right to the increase but when they refused to comply i refused to pay until they did comply.

DGJsaver

Increases in APR are the norm , its a variable credit agreement..

finshe

hi peeps,

got the letter below(pdf) from F.T.C they want payment but the account was in dispute which has now been unlawfully rescinded by cap1(if an enforceable agreement ever existed, which i'm disputing).

Any thoughts what my next move should be would be appreciated as i'm tempted to accept the repudiation but i think that would have me agreeing that an enforceable agreement existed.

http://debtpdfs.tripod.com/ftc.pdf

finshe

Hi, after sending of a bemused letter to FTC i received the letter below.

They say they are contacting cap1 on my behalf and will get back to me.

http://debtpdfs.tripod.com/ftc2.pdf

never-in-doubt

PM 10past6 and ask his advice, he'll be the best person to speak to. Just be patient though cos he's busy....