Reply
New Contributor
Posts: 69
Registered: ‎06-28-2010
0

Re: Capital One collections calling my home constantly after being late a week.

Several financial institutions are following up immediately if a payment is not received by the due date.  Some calls are friendly reminders.  Other calls are more aggressive in nature.   

Valued Contributor
Posts: 1,063
Registered: ‎05-26-2010
0

Re: Capital One collections calling my home constantly after being late a week.

CapOne's roots are in subprime cards and while they've gone more mainstream in some areas, usually by acquiring banks with branch networks they rebrand Capital One (Texas 4 years ago, now Chevy Chase Bank in the DC area), they are always going to be aggressive about any delinquency, and are very quick to sue.  They don't want to wait 30 days - if you're late they want to hear the right things when they call or you may find your account closed instantly.  This may also be ratcheting up with the changes in regulations so they aren't as able to instantly hit you with massive fees and punitive interest rates.

 

It's almost certainly their in-house collections department that's calling.  We all have to be extra vigilant, cannot ever be so much as a day late!

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
Take the FICO Fitness Challenge
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.