Tag Archives: credit card rights

Can You Really Sign Away Your Credit Card Rights?

Capital One made social media sites explode a few weeks ago. Their new U.S. credit card contract contains a collection clause that states they can suppress or change caller ID when calling you. In other words, they can spoof the caller ID to make it look like it’s one of your relatives so you’ll answer. It’s really easy to do, and something most scamsters already use when they try to con you.

The Capital One new agreement also states they can do personal collection visits at your work or home. I haven’t found the Canadian master agreement. If you have a brand new Capital One credit card, get in touch with me as I’d love to see a copy to find that text.

What’s in your wallet? In the U.S., at least for now, I hope it’s not a Capital One card!