Capital One - VISA Review

In the year 2000, I was forced to retire due to increasing vision loss. Then my husband suddenly passed away. I was in debt up to my eyeballs living on a fixed income from Social Security. Eventually, I was limited to filing bankruptcy.

Capital One agreed to discharge my debt, as well as offered me a free start , with a new $200 credit card.

I was hesitant at first,..but eventually accepted the offer.

Needless to say within a few years, my credit line increased to $2000.00, ( after I had paid the balance of $200 2 or 3 times). Then when the Economy became unstable and many credit card companies were increasing interest, etc, my "company", not only dropped the yearly membership fee, they also agreed to stop any over limit and late fees. My interest rate also dropped. Now, I may not be too smart, but I think this clearly reflects that if we try to pay our debts and talk with our creditors when we have financial problems, we might just find out that they are willing to work with us to not only help rebuild our credit and FICO score, but also to allow us the dignity to continue to be able to pay our debts .