As the title states I recently had my credit card account closed by capital one after being with them for 2 years. I’ve never missed a payment or paid late, Only issue I had was when i tried to make my most recent payment and I selected the wrong account in which I called to notify them and was told by the rep to redo the payment with the correct account and wait for the first payment to reject which I did. Fast forward to today I checked my account and it says restricted. I called capital one to find out what that means and the rep tells me the account was closed because of a failed payment and I explained to her the situation and told her that I already called and spoke to another rep and she tells yes she can see it in the notes on my account however the decision to close the account is above her and out her hands however the decision is final and that I’m more than welcome to reapply for a new credit card.

My question is how bad does this affect my credit and what should I do now? The balance was paid in full every month so I have no debt with them.

25 F who is working towards clearing all my CC debt. Unfortunately life happened, I left a toxic household and end up with more debt than I wanted.

Currently what I have left:

Chase: $1295 (Paying full off by November) + $640 on my PayPal (should be done by December).

I have one missed payment on my credit profile from 2 years and six months ago. Tbh I wish I can go back in time and fix this. I reached out to the credit company about a goodwill request but they denied.

Lastly I have 26K in loans. I'm about to graduate from school in May 2027. I am expecting a guaranteed low six figs once I do. I already created a plan for this.

I have been paying the minimum to make sure I don't gain interest which is about ($200 a month).

If you guys have any advice to become more successful and managing my finances for the future. Please let me know! I've been reading about what other people have been doing when it comes to their finances and kinda taking it.

Unfortunately, I never hand anyone to teach me this, so I had to kinda figure all these stuff out by myself.

I posted here about 3 weeks ago when I realized my equifax score was 599 while TU was 683. I have 4 credit cards and all R1. I figured my score wasn't improving because I wasn't timing my payments correctly. Thanks to your advice here, I learned to pay within the statement period and my equifax score has gone up to 726 and TU 734, all within 2 weeks. Thank you to those that responded for the guidance. I've only been here 3 years and learning how the credit system works. To everyone working on theirs, wishing you luck!

They offered 3 payment plans but it is still unaffordable for me. I tried messaging them and they say they aren't able to lower the lowest repayment plan. Is that true? On the bottom of the 3 payment plans it literally says something like contact support.

Hello all ! My student loans have tanked my credit. The first year after graduating. I was not paying attention to the emails about my loans. I know that was stupid and I’m paying the price for it. My loans are in default status. If I go back to school, will that defer my payments. And by going back to school, will that take away the default status of my loans ? Then that would help my credit score go back up and I have more time to come up with money to pay it

I won’t get super into detail, but I do want to start to build my own line of credit due to some family issues to ensure financial independence. I was recommended to pull my credit ASAP to see if I can qualify for the cards I’m considering (Amex blue cash, Chase Freedom Flex) and I’m really lost on
A: Where to pull my report for free
B: how Fico and Vantage compare in what will give me a better picture of what I can qualify for
If anyone can give me some advice I’d greatly appreciate it

I paid my statement off last night on the 26th my statement is due October 28th so now if I want to use my card today on the 27th do I have to pay it again or does it go to the next cycle?

I received a motion for summary judgment and have a court date in NYC set for tomorrow. I answered the original summons with the generic denial option because I understood that it's required to avoid a default judgment. However, I didn't realize my court date would come up so quickly. I plan to appear and ask the judge for more time to acquire a lawyer / legal assistance. Wondering if anyone has experience with this. How likely is it that I'll be given the additional time? And how much time is typically given? For more context, I plan to try to settle, but I don't feel comfortable having those conversations directly with the attorney until I'm able to at least consult with a legal professional. Thanks in advance!

My sister needs a used car fast she doesn’t make a lot of money to save up she can do monthly payments but she has 1-2 things on her credit which is the student loans and a discover card that said it’s dropping next year. She’s with a credit union but everytime she applies for something they say no. She’s 20 what should she do.

Cap One/Discover is the only cards that will not approve my goodwill letter. I only have 1 late payment with Discover and my account has switched over with $0 balance. I have 3 late payments with Capital one and I have been with them since 2016. Any tips?

Side note: It looks like they are tracking via case numbers. They may be tracking multiple submissions.

This woman in the application specialist department emphatically insisted all I can do is wait on a letter or an email and said she didnt see anything on here end about identity verification or fraud alerts or anything, and I have basically not been able to get anything applied all year, every single form of credit I apply to I trigger some sort of robot KYC thing that complains about ID verification, it happed with zippay, affirm and Chase

Chase waited forever to send the letter that routed me to the right department, that was 2 weeks of waiting, and even that was at least a chance to fix it, but it timed out, I was working and couldnt make time to do it, I forgot about it. I have the sneaking suspicion that Chase just isn't going to be quick about this or let me know, are you sure there isn't a number I can call to escalate this to get to the part where I can fix this if its just identity verification nonsense because I'm like 98% sure it is. And I don't want to be given the run around by a level one support person on the phone, and I don't want it to time out like Chase did. 

For the record what happened is I tried to submit my selfie/id already on the phone and the browser just never updated, it never redirected back to the application, so I called the main application line to see what the status was. So I already tried to put the selfi/id and it still went to pending. 

A couple months ago, a family member made some small purchases in a rideshare app with a Discover/Cap One card I never use anymore. This wasn't fraud obviously, but I wasn't aware of it and I never check the card. Then the predictable thing happened: I got an email from a credit bureau stating that my FICO score had dropped by over 100 points. Cue a panic login to an app I never use and the discovery that I have a 30-day late payment. My first ever. Needless to say I will keep a keener eye on my dormant cards in the future...

I paid it off immediately, and now I'm in a tricky situation. My FICO 8 score was something like a 765, revolving utilization always 10% or less across four cards on relatively young accounts (oldest is from 2023). I only kept the Cap One card around for its age, and now I've been burned bad.

Initially, I waited for Discover to merge with Capital One before sending a goodwill letter. But now that three weeks have passed since the drop in my credit score, I've noticed a discrepancy in the three bureaus:

• Equifax: 765 (VantageScore)
• Experian: 692 (FICO), 646 (VantageScore)
• TransUnion: 761 (FICO)

So far, the missed payment has only been reported to Experian. If I send a goodwill letter, I am worried about the real possibility that Capital One will simply use this as an opportunity to report the missed payment to all three bureaus, risking my tidy reports. On the other hand, I could simply be biding my time for the moment that the other bureaus pick up on the missed payment. Is there some convincing case that I can make to Capital One that I'll get more cards from them and in general be a moneymaking customer? Or should I just let it go and try to rebuild my credit? Both Chase and Amex have the lower report, but neither have lowered my spend ceilings.

Any guidance would be very appreciated!