- Report: #452337
Report - Rebuttal - Arbitrate
Complaint Review: Capital One
Capital Onecapitalone.com Internet U.S.A.
Capital One Sued by Capital One Credit Internet
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The letter I received today states that I am being sued for 1183.38 as principal, 154.17 as interest, plus attorney fees of 15% of the first 500.00 and 10% of the remaining unpaid principal and interest of 158.76. Not sure what that is all about considering I only had a 500 credit limit and had never charged near that amount, but I owe 1183 as principal. I would think that should be 500 principal and 683.83 late fees and annual charges. They also attached a letter of agreement, which was no where near the same agreement I remembered when I got the card. It is not that I did not want to pay on my account, I was just not able to pay the amount they demanded.
Now I am not sure what I need to do. I am quite angry that I was not able to resolve my problem with Capital One and I feel that suing me for a 500 credit card is a bit much. Especially when they go as far as taking me to Superior Court.
This report was posted on Ripoff Report on 05/15/2009 04:51 PM and is a permanent record located here: http://www.ripoffreport.com/r/Capital-One/internet/Capital-One-Sued-by-Capital-One-Credit-Internet-452337. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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