Consumer complaint received 2021-12-07
Company: CAPITAL ONE FINANCIAL CORPORATION
State: NY
Product: Credit card or prepaid card
Sub-product: General-purpose credit card or charge card
Issue: Other features, terms, or problems
Sub-issue: Other problem

Complaint:
I AM REQESTING THE REQUIRED DISLCOURES IN CONNECTIONS WITH A OPEN END CREDIT PLAN ACCORDING TO 15 USC 1637 ( a ) Required disclosures by creditor Before opening any account under an open end consumer credit plan, the creditor shall disclose to the person to whom credit is to be extended each of the following items, to the extent applicable : ( 1 ) The conditions under which a finance charge may be imposed, including the time period ( if any ) within which any credit extended may be repaid without incurring a finance charge, except that the creditor may, at his election and without disclosure, impose no such finance charge if payment is received after the termination of such time period. If no such time period is provided, the creditor shall disclose such fact.

( 2 ) The method of determining the balance upon which a finance charge will be imposed.

( 3 ) The method of determining the amount of the finance charge, including any minimum or fixed amount imposed as a finance charge.

( 4 ) Where one or more periodic rates may be used to compute the finance charge, each such rate, the range of balances to which it is applicable, and the corresponding nominal annual percentage rate determined by multiplying the periodic rate by the number of periods in a year.

( 5 ) Identification of other charges which may be imposed as part of the plan, and their method of computation, in accordance with regulations of the Bureau.

( 6 ) In cases where the credit is or will be secured, a statement that a security interest has been or will be taken in ( A ) the property purchased as part of the credit transaction, or ( B ) property not purchased as part of the credit transaction identified by item or type.

( 7 ) A statement, in a form prescribed by regulations of the Bureau of the protection provided by sections 1666 and 1666i of this title to an obligor and the creditors responsibilities under sections 1666a and 1666i of this title. With respect to one billing cycle per calendar year, at intervals of not less than six months or more than eighteen months, the creditor shall transmit such statement to each obligor to whom the creditor is required to transmit a statement pursuant to subsection ( b ) for such billing cycle.

( 8 ) In the case of any account under an open end consumer credit plan which provides for any extension of credit which is secured by the consumers principal dwelling, any information which ( A ) is required to be disclosed under section 1637a ( a ) of this title; and ( B ) the Bureau determines is not described in any other paragraph of this subsection.

FAILURE TO PROVIDE STATEMENTS IN ACCORDENCE TO 15 USC 1666 IS IN FACT A DIRECT VIOLATION OF A BILLING ERROR, WHICH ACCORDING TO 15 USC 1666 ( e ) Effect of noncompliance with requirements by creditor Any creditor who fails to comply with the requirements of this section or section 1666a of this title forfeits any right to collect from the obligor the amount indicated by the obligor under paragraph ( 2 ) of subsection ( a ) of this section, and any finance charges thereon, except that the amount required to be forfeited under this subsection may not exceed {$50.00}, THIS ACCOUNT IS OPEN ENDED, AND I DEMAND MY ACCOUNT TO BE REOPENED AS CAPITAL ONE CLOSED MY ACCOUNT IS A DIRECT VIOLATIN OF 15 USC 1691 ( a ) ( 3 ) discriminate against i the consumer for exercising my consumer rights due to the fact I THE CONSUMER HASNT RECEIEVED REQUIRED DISLCOURES REQUIRED BY LAW THIS IS A FACT CAPITAL IS IN VIOLATION OF CONSUMER PROTECTION LAWS, DUE TO THE FACT UNITED STATES IS BANKRUPT and there is no money in circulation i am unaware of which form of payment is acceptable in commerce rather than oil gold and sliver in according to 18 usc 8 all debt obligations are obligations of united states , and in fact because CAPITAL ONE BANK IS SEEKING A PAYMENT WHICH IS ALSO KNOWN AS ALLEGED DEBT, THIS MAKES CAPITAL ONE BANKA DEBT COLLECTOR WHICH I HAVE STATES PREVISOULY, CAITALONE BANK HAS FAILED IN THE INITAL COMMUNCATION AS WELL AS ALL COMMUNACTION WAS IN FACT FROM A DEBT COLLECTOR IN A ATTEMPT TO COLLECT A ALLEGED DEBT

Company response to consumer: Closed with explanation