/ Register

Cap One or Direct Merchants

Discussion in 'Credit Talk' started by Psukid99, Jan 16, 2004.

  1. Jan 16, 2004 #1
    Psukid99

    Psukid99 Well-Known Member

    I was curious which is better company Cap One or Direct Merchant. Who do people like better or had worse experiences with>
     
  3. Jan 16, 2004 #2
    DanS

    DanS Well-Known Member

    I've got 'em both. Not sure what you're looking for, but I suspect Cap1 is easier to rebuild your credit. If you're in good shape, you might skip both.

    DMB gave me a $10k limit a few years ago when I got it. Cap1 started me at $500, now I'm up to $1900. I've got DMB's interest rate down to 11%, Cap1 is still 15%.
     
  4. Jan 17, 2004 #3
    Psukid99

    Psukid99 Well-Known Member

    bump... Who has better cust serv, rates, etc

    Is Direct Merchants in danger of going out of business
     
  5. Jan 17, 2004 #4
    Butch

    Butch Well-Known Member

    I got DMB too. They sent me a check for $1,000. No PP.

    heheheh
     
  6. Jan 17, 2004 #5
    Brad J

    Brad J Well-Known Member

    DMB is in danger of going out of business. The stronger company is definately Cap.1, but the limit/apr will not be better than DMB. Both will help rebuild your history, but DMB has the edge since the they report your actual credit limit, Cap1 does not.
     
  7. Jan 17, 2004 #6
    Denny

    Denny Well-Known Member

  8. Jan 17, 2004 #7
    Marie

    Marie Well-Known Member

    Cap One. If you want better lines and terms you have to be very tenacious. But, you can certainly do it. DMB is a dog, don't bother.
     

Share This Page