Capital One Visa Business Card
Interest increase pushed card over limit, then repeated overlimit fees

Capital One is the biggest rip off credit card there is. They increased my interest rate (for what reason they will not say) - which pushed me over my credit limit, then they add an overlimit fee to the balance due - next they take the minimum payment due amount and set it so that even after making the payment they start the cycle over - add interest, then add overlimit fees. Due to a business situation I was in I had set certain cards up so that my finance manager paid the minimum due each month - it wasn't until I sat down a month ago and started going through all my statements that I found they had ripped me off this way for 14 months! What a racket, if I was to do this to my clients I would be jailed here in NJ. I hope that a good lawyer files a class action suit against these thieves. To date I have now refused to pay anything on this card until all fees are reversed or they take me to court. I doubt any sane judge would uphold their method of robbery.

Pete
New Milford, New Jersey
U.S.A.

Company: Capital One Visa Business Card
Country: USA
State: North Carolina
City: Charlotte
Address: PO Box 71083

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