Capital One
Interest rate increase

On 4/28/09 I used a check that Money One supplied within the quantity of $13,000. I named to confirm the price that will affect it was 7.99% just before utilizing the check and was guaranteed that it had been for that existence of the total amount. Nowadays I obtained a notice within the email from Capital one which these were likely to boost the price to 17.9%. I named and talked to Bernard an Accounts Boss, worker guide range, ADC418. He advised me the RATE for that $13,000 might improve effective 8/1/09 to 17.9%, which displays 14.65 plus primary. I advised him this was undesirable and that I will always be in excellent position using the organization. He suggested which was why the organization sent me discover. I named a different one of my credit card issuers yesterday and was informed the RATE could be 8.99 PERCENT, or 5.74 plus primary. Bernard continued to express how Money One was still attempting to conduct business within this economy. We employed the cash to buy a travel trailer. The united states individuals have been requested to promote the economy. We've completed thus, my spouse and that I both perform full-time and therefore are regarded upper-middle school. We thought we would employ this check since the rate of interest was less than that provided in the RV dealership. This option hss come in a good cost if we don't spend Money One back just before 7/31/09. Do I've any option?

Angela

Company: Capital One
Country: USA

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