Dec 4, 2008
I have a car loan with Cap 1. Don't EVER get a loan with them. They just offered ME to defer a payment to bring the acct. current - and now they conveniently can't seem to provide me with the letter they REQUIRE that I sign to do so. I am also trying to get my car re-registered and the state requires paperwork back from Cap 1 re: title of course. They can't seem to get that done either, and now I'm running on expired plates and the state won't re-issue a temp registrtn. (the 1st one gave Cap. 1 30 days to make it all happen - still waiting!)
Researching it, as recently as last month, people have paid off their loans and Cap. 1 is LOSING some people's titles!!!
FYI: They just got $35 Billion in the bailout.