Credit card or prepaid card -- Other features, terms, or problems -- Complaint #7150676

Complaint Overview

Complaint ID: 7150676

Company: Capital One Financial Corporation

Product: Credit card or prepaid card

Sub-Product: General-purpose credit card or charge card

Issue: Other features, terms, or problems

Sub-Issue: Problem with customer service

State: Connecticut

ZIP Code: 064XX

Date Received: 2023-06-21T12:00:00-05:00

Date Sent to Company: 2023-06-21T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/2023, I contacted Capital One to do a Pay for Delete for a charged off credit card. The rep stated that Capital One does not do Pay for Deletes. I asked the rep what were my options. The rep stated that I could make full payment or do a settlement. The original amount of the charge off is {$5200.00}. The first amount the rep asked me to do was {$3900.00} and I said no. Then, the next amount was {$3200.00} and I again said no. We finally agreed to settle the amount for {$2800.00} and paid for as agreed. I asked the rep to please send that agreement by email or by mail. The rep stated that Capital One doesn't do that and they only send it after payment. I told the rep again that I was requesting the settlement agreement in writing before I make a payment. The rep again stated Capital One doesn't do that.

Frequently Asked Questions

What is Complaint #7150676 about?

Complaint #7150676 was filed against Capital One Financial Corporation regarding Credit card or prepaid card specifically about Other features, terms, or problems. It was received by the CFPB on 2023-06-21T12:00:00-05:00.

How did Capital One Financial Corporation respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Credit card or prepaid card) and describe your issue in detail.

Can I see other complaints against Capital One Financial Corporation?

Yes, visit the Capital One Financial Corporation company profile at readthecomplaint.com/company/capital-one-financial-corporation to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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