Capital One
Late fee and higher rate after missed bill during fire evacuation
- 08-08-2008
- 3
I have had a Capital One Card since 1999 and usually if not always paid my bills in full every month. Here in San Diego County we had a fire and many including myself had to be evacuated for several days. Somehow, I misplaced or did not receive my credit card bill and did not pay it on time. The following Month I paid the full amount due and an abusive late charge. That was not the end, recently I made a large purchase thinking I would pay it off over time at the 8% or 9% rate I had with Capital One but found my rate had been adjusted to 27.15%, I also have a blemish on my credit report. I did call them and they offered to reduce the rate to 12% but I still find that abusive. If my company did business the way Capital One does, we would not be in business long.
Company: Capital One
Country: USA
State: Virginia
City: Richmond
Site: capitalone.com