Credit One - STAY AWAY FROM THEM!

[Anonymous]

When I called them 3 months or so to close the account, balance was $0 that time when I made the last payment before request for account closure then somehow they tried to bill me the AF, I got a bill last week stating that I owe them $99. I laughed, I simply foward this case to attorney general in Nevada. 

Guess what, 3 days later, I got letter from Credit One said it dropped all charges and completly closed the account.

My advice, STAY AWAY from them. They're pure evil!

[M_Smart007]

Lawd have mercy!

[AllZero]

Congratulations on your closure!

[Tomatoshadow2]

They need to be shut down.

[Anonymous]

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@Tomatoshadow2 wrote:

They need to be shut down.

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There are lenders who are even more predatory that would jump for joy if Credit One was gone. 

[Anonymous]

i'm going to close my card by end of the month after I pay my full balance, because my credit limit is $1,500 and they are charging me $8.25 for account maintenance fee. I'm willing to take the hit to my age of accounts because I have the QS with a limit of $10,000 Venture with a limit of $13,000 and Savor with a limit of $10,000.

[AllZero]

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@Anonymous wrote:

i'm going to close my card by end of the month after I pay my full balance, because my credit limit is $1,500 and they are charging me $8.25 for account maintenance fee. I'm willing to take the hit to my age of accounts because I have the QS with a limit of $10,000 Venture with a limit of $13,000 and Savor with a limit of $10,000.

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Your AAoA should remain the same. The Credit One account should stay on your credit report for up to 10 years from date of close unless removed earlier.

[SoCalifornia]

Dayumn.

[AverageJoesCredit]

Never heard of them. Id love to have the privilege of donating $99 to their coffers after an account closure.


🥴

[Remedios]

Credit one is not an ideal lender, but sometimes it's a necessary evil to start the rebuilding/building process.

While we like to think of them as evil, google any major lender and fines they had to pay in the last 5-10 years.
Shady is not limited to Credit One.
Luckily you were able to handle it and move on. That's what's supposed to happen with this card anyway.