Capital One, once considered the leader in low-interest rate credit cards, is now battling several ongoing class action lawsuits for excessively increasing customers interest rates.
One high-profile case involves a man who had emergency open heart surgery. Due to his illness, Capital One received his payment one day late. Capital One subsequently increases his interest rate from about 7% to 21%.
Has Capital One recently increased your interest rates? How much has your interest rate increased?
Showing posts with label Capital One Credit Cards. Show all posts
Showing posts with label Capital One Credit Cards. Show all posts
Sunday, February 8, 2009
Subscribe to:
Posts (Atom)
