One of many being declined for this secured no-risk credit card. This company does run [credit score] checks for approval for a secured credit card which seems like an oxymoran for this product but anyway they do it. People are being denied for this card left and right after having their credit further damaged by a needless inquiry. Needless for a couple reasons, but mainly due to not disclosing the minimum required score on their application process and they have one. In my case, I sent the full deposit of $200 to them electronically (their system allows this prior to approval), which I did in good faith. They requested an income statement after filing the application, which cost me time and money to provide and which was not the cause of the decline. The credit score was. Something they could have both disclosed ahead of time or decided immediately and automatically. There is a 10 day hold on deposited funds before you can even request they be sent back. .
This complaint and/or review was posted on HolySmoke.org on 21:25 pm, December 30, 2017 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/capital-one-secured-mastercard-review/.
The reviews & complaints posted about Capital One Secured MasterCard was submitted by a member or guest on this website. Any and all opinions and information are published as is. HolySmoke.org does not edit or remove any aspect of the report and is simply a consumer grievance free-speech platform. As such, HolySmoke.org cannot be held liable for the complaints and reviews posted about Capital One Secured MasterCard as per Section 230 of the Communications Decency Act.
Be an Informed Consumer
An informed consumer is capable of making sensible decisions, gains insight about a business prior to an interaction or transaction. Our newsletter provides resources and information that informs you, the consumer. of such things as consumer rights and protection.