Complaint Review: Capital One - Nationwide
- Capital One www.capitalone.com Nationwide U.S.A.
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- Category: Credit Card Processing (ACH) Companies
Capital One ripoff limit on secured account below savings amount Richmond VA
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.
Anonymous
Somewhere, New Jersey
U.S.A.
This report was posted on Ripoff Report on 03/15/2004 08:26 AM and is a permanent record located here: https://www.ripoffreport.com/reports/capital-one/nationwide/capital-one-ripoff-limit-on-secured-account-below-savings-amount-richmond-va-83880. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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