O
oxoned
Guest
Has anybody else experienced the sudden radical APR hike from Capital One lately? For years I've had excellent credit and an 8% rate, and for a reason having "nothing to do with [my] credit rating" they decided to raise it to 24%! The exact same thing happened to my husband with perfect credit, and to our friends as well. It appears they just decided they wanted more money.
Of course, everybody I know is dumping the card (you can "opt out" of the change, they will close the card, and you can pay it off at the current rate for as long as you need.) Is this just a Missouri thing or is it spreading everywhere?
Of course, everybody I know is dumping the card (you can "opt out" of the change, they will close the card, and you can pay it off at the current rate for as long as you need.) Is this just a Missouri thing or is it spreading everywhere?