Capital One Stealing my money, Late fees, Finance charges ripoff City Of Industry California

So sorry but I just found out you can't close your card with them if you have a balance. And you should never just stop paying a credit card. You should have called them right away when you knew you were out of work. They could have worked out a payment plan. Some of your posting didn't make sense to me but I would call them and work out a payment plan. They can, and will, call you every day if they want.

i've got into dept with them it's not much about 200.00 but i lost my job and couldn't pay them off so i just stop paying them, and i got phone calls like every single day from them and even when i told them that it's not the right time cuz i was driving or something but they insisted i HAVE to make a payment right there and then. the CS are rude, and mean. i saw that you can close them. i plan on paying them back no douth but not till i have the money to do so. how can i stop them from keeping on adding late fee and interest into my card cuz now i'm sure it's over 600.00 please help!

I have a suggestion for you. I would close the account right now if the balance isn't too high. Your credit score will improve if you have open credit but if you don't (if your card is maxed) you might as well just close it anyways.

I'm very surprised to hear they charged you $29 on a balance that was under $100. The credit card company I used to work for did not charge any late fees if the balance was under $100, and then only $5 if the balance was under $200.

Also to the man whose APR went up to 29%..that sounds like the default payment APR. That doesn't happen unless you are over 30 days late. If you think this is inaccurate, have them send you copies of your statements so you can check them out for yourself.

I use to have a Capitol one Visa card and found some interesting tactics they did to make money for themselves. My bill was due at the end of the month and I would send out the payment on the 20th. I was surprised one day to find out that my interest rate jumped up from 6% to 29%. When I inquired at to why, they said I was late three months straight. So I started to test how long it took them to process a payment. I was only able to do this a few times cause I didn't want to pay these outragious finance fees.

I sent the payment to them same time I sent out 2 other payments and see when they were deposited. The other two accounts would be cashed by the institutions 3 to 5 days after I sent it. Those two would be completed within a day of each other. But Capitol One would take at least 5 days longer than those two and one time almost two weeks. I was only able to test this three times but did find a pattern.

Hence, by holding the check like they did, they were able to increase my interest rate to them and add a few finance charges. I was lucky in that I was able to get a loan from my bank to pay them off and cancel the credit card.

I use to have a Capitol one Visa card and found some interesting tactics they did to make money for themselves. My bill was due at the end of the month and I would send out the payment on the 20th. I was surprised one day to find out that my interest rate jumped up from 6% to 29%. When I inquired at to why, they said I was late three months straight. So I started to test how long it took them to process a payment. I was only able to do this a few times cause I didn't want to pay these outragious finance fees.

I sent the payment to them same time I sent out 2 other payments and see when they were deposited. The other two accounts would be cashed by the institutions 3 to 5 days after I sent it. Those two would be completed within a day of each other. But Capitol One would take at least 5 days longer than those two and one time almost two weeks. I was only able to test this three times but did find a pattern.

Hence, by holding the check like they did, they were able to increase my interest rate to them and add a few finance charges. I was lucky in that I was able to get a loan from my bank to pay them off and cancel the credit card.

I use to have a Capitol one Visa card and found some interesting tactics they did to make money for themselves. My bill was due at the end of the month and I would send out the payment on the 20th. I was surprised one day to find out that my interest rate jumped up from 6% to 29%. When I inquired at to why, they said I was late three months straight. So I started to test how long it took them to process a payment. I was only able to do this a few times cause I didn't want to pay these outragious finance fees.

I sent the payment to them same time I sent out 2 other payments and see when they were deposited. The other two accounts would be cashed by the institutions 3 to 5 days after I sent it. Those two would be completed within a day of each other. But Capitol One would take at least 5 days longer than those two and one time almost two weeks. I was only able to test this three times but did find a pattern.

Hence, by holding the check like they did, they were able to increase my interest rate to them and add a few finance charges. I was lucky in that I was able to get a loan from my bank to pay them off and cancel the credit card.

I use to have a Capitol one Visa card and found some interesting tactics they did to make money for themselves. My bill was due at the end of the month and I would send out the payment on the 20th. I was surprised one day to find out that my interest rate jumped up from 6% to 29%. When I inquired at to why, they said I was late three months straight. So I started to test how long it took them to process a payment. I was only able to do this a few times cause I didn't want to pay these outragious finance fees.

I sent the payment to them same time I sent out 2 other payments and see when they were deposited. The other two accounts would be cashed by the institutions 3 to 5 days after I sent it. Those two would be completed within a day of each other. But Capitol One would take at least 5 days longer than those two and one time almost two weeks. I was only able to test this three times but did find a pattern.

Hence, by holding the check like they did, they were able to increase my interest rate to them and add a few finance charges. I was lucky in that I was able to get a loan from my bank to pay them off and cancel the credit card.