Capital One Financial Corporation capital one credit credit card rip off, and credit report companies help them get away with it. Mclean, Virginia

I dont work for the company but I have a credit card through them since 2004 and I have never had any problems. I also have a auto loan with them and have never had any problems. Youre not giving us too many details, so I have to assume youre not telling the whole story about your account with Capital One.

If you paid your bill on time like you have stated in your report, and I am confused as to the fees you are referring to. If your late with your payment you get charged a fee, if you go over your limit you get charged a fee etc. If you are over your limit and only make the minimum payment, you will still be over your limit when the interest is tacked on to your new bill, so you get charged another over the limit fee. You stated you paid all of your fees by phone, what about the balance?

You damaged your credit the minute you told them to closed your account and Capital One reported it to the Credit Bureaus. Its obvious you didnt check to make sure the account was paid in full by going online to check your account or by calling them the following month after you closed the account and supposedly paid it in full.

I see no rip off here; youre someone who doesnt understand how credit cards work. Its your responsibility to insure your account has been paid in full, not Capital One.

Did you try calling them? May be it was a mistake on their part, if it is and you call and talk to a rep may be they will fix it.. Did you have any fees or anything on the card that would have been charged? Some cards have a member fee..

If you are only two months behind it's hardly worth going into collections over $60.. Believe me.. I'm trying to help my wifes credit.. We got married 7 months ago and she has a bunch of small things.. 90 bucks here, 50 bucks there.. they hurt way more than it's worth to not pay it.. I'd try to get them to admit to a mistake and correct your credit or pay the $60 and move on.. On second thought, did you have a balance? When you tell them to terminate your card, a lot of times they will leave the account open but cancel the card itself so no more charges can be made.. If it had a balance on it you wouldn't be able to close the account fully until it cycles.. If that is the case the $60 could have been interest that you owe them.. Just something to look into and ask them.. You may not be getting ripped off. If you are I hope you find resolution.. At least the amount you are talking about is small.. $60 dispute is very easy to work with and worst case scenario you are our a couple movies or a video game :)..