Capital One - Fraudulant Interest rate charges by Capital One

Posted on Monday, June 28th, 2010 at 4:18pm CDT by 471b9832

Product: Capital One Credit Card

Company: Capital One

Location: PO box 71083
Charlotte, NC, 28272-1083, US

URL: http://www.Capitalone.com/

Category: Other

My Interest rate with Capital One has been 8.9% fixed for several years. recently, with proper notification, they raised my rate to 17.9%. they properly notified me of this change. However, they have applied the rate to previous balances which is in violation of current and recently passed federal regulations. My State states" your promotional rate has expired" I never had a promotional rate and they are using this statement to skirt the current law.


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