Capital One
Ripoff limit on secured account below savings amount Richmond VA
- 03-15-2004
- 12
I had a secured credit card from Capital One. I received a letter that because a payment had been late ONCE in 6 months, they were reducing my credit limit to half the amount in the secured account. The payment was late by 2 days and I had less than $100 due on the card at the time.
I was told that they were in their rights to hold my money and not allow my access to in the form of available credit. I cancelled the credit and secured savings account immediately.
Company: Capital One
Country: USA
State: Nationwide
Site: www.capitalone.com