Capital One / increased interest rate!
I am 52 years old and have always had excellent credit. I am never late on a payment and have credit scores from 760-790. I have had a Capital One credit card for years with an interest rate of 9.9%. Recently they sent me a statement that my interest rate would be increased to 16.99%. I haven't paid this much interest on a card in many years and have never had a credit card increase my rate and don't understand how they can do this when I am not in default on anything. A couple of years ago when I checked my credit report I noticed that Capital One was showing 2 30 day late on my account. I knew this was incorrect and filed a complaint and this was corrected and taken off my credit report. I could understand an increase in my rate if I was a credit risk but I have worked diligently to keep a good credit score and do not have to take this. I will be canceling this account.
More Capital One Complaints & Reviews
- Capital One Auto Finance - scam and cheating! 
- Capital One Auto Finance - terrible experience 
- Capital One - unreasonable account restrictions 
- Capital One Credit Card Company - fraud business practices! 
- Capital One - terrible service and company in hole 
- Capital One Financial Corporation - attitude and unwillingness to help us 
- CapitalOne - contact information update; credit cards
- Capital One Financial Corporation - capital one credit card
- Capital One Financial Corporation - making a dispute a nightmare
- Capital One Financial Corporation - card doesn't work