do you guys want to here some inside info on capital one?

I missed my credit card payment 15 days ago....granted it was an oversite and nevermind that i am sleeping in my car..thats irrelevant so capital one calls me to see if i can make an over the phone payment...they said if i made the payment right then they would hack 100 bucks off my balance...... keep in mind i am not even close to a deliquent debtor !!! yet...

what about the late fee?

Nice...i love my cap one card! Does this mean that unsecured debt business is becoming so vulnerable they're paying premium to cover their margin calls? i'll create the the shell LLC if you finds some nice girls to open a bunch of accounts & we can start instantly saving these poor over strapped consumers!

Edited by 10Shekel, 26 February 2009 - 03:18 PM.

IC, I know you are a Real Estate Broker there is Las Vegas. How is the housing market, what is selling - bank foreclosures, anything else ? I hope you are kicking a$$ there! norton

Edited by norton, 26 February 2009 - 03:21 PM.

I missed my credit card payment 15 days ago....granted it was an oversite and nevermind that i am sleeping in my car..thats irrelevant

so capital one calls me to see if i can make an over the phone payment...they said if i made the payment right then they would hack 100 bucks off my balance......

keep in mind i am not even close to a deliquent debtor !!! yet...

i was paying my Pacific and Gas utility bill.....The line was very long....There were so many late for their payment, the cashier was checking the cut-off for the customers.....Most of them were two or three months behind...Mind you this is Sillycon Valley, houses average 3/4 million dollars a copy.....

IC, I know you are a Real Estate Broker there is Las Vegas. How is the housing market, what is selling - bank foreclosures, anything else ?
I hope you are kicking a$$ there!
norton

the whole town is one big REO>>>>stuff under 250 is recieving multiple offers.....

you can buy 4 plexes for 100k that fetch 600 per unit....not kidding!!!

at 20% down your 20 k investment is paid back after a year with 3 of the 4 rented...roughly

Edited by iron cross, 26 February 2009 - 03:30 PM.

IC, I know you are a Real Estate Broker there is Las Vegas. How is the housing market, what is selling - bank foreclosures, anything else ?
I hope you are kicking a$$ there!
norton

the whole town is one big REO>>>>stuff under 250 is recieving multiple offers.....

you can buy 4 plexes for 100k that fetch 600 per unit....not kidding!!!

at 20% down your 20 k investment is paid back after a year with 3 of the 4 rented...roughly

IC, interesting - how is the renting market though?

IC, I know you are a Real Estate Broker there is Las Vegas. How is the housing market, what is selling - bank foreclosures, anything else ?
I hope you are kicking a$$ there!
norton

the whole town is one big REO>>>>stuff under 250 is recieving multiple offers.....

you can buy 4 plexes for 100k that fetch 600 per unit....not kidding!!!

at 20% down your 20 k investment is paid back after a year with 3 of the 4 rented...roughly

IC, interesting - how is the renting market though?

rents are stable...

because homeowners are becoming renters....

Capital One just raised my wife's interest rate on her Capital One card...from 7% to 17.9%. No balance at all. A 10 year+ customer. Meanwhile, I would say monthly they send me solicitations for 0%, blah, blah, blah. These guys should be driven out of business for some of their tactics. Unfortunately, they are receiving money from the government. IT