Posted on
July 17, 2009
at
8:25 am
OMG - I just looked at my Capital One statement, and because my finance charge took me over my limit, I got charged another overlimit fee! There goes my credit rating! I am SOOOOOOO upset. How dare they?
Posted on
July 20, 2009
at
2:44 am
Have you tried calling them about this? A lot of times they'll waive late charges and they don't necessarily immediately report the late payment. With so many consumers defaulting lately because of the economy, they're being a lot friendlier when it comes to stuff like this. Another option is credit counseling. You can potentially get finance charges reduced and your payments by using one of these services.
Posted on
July 20, 2009
at
4:29 am
Good thing, next year, the creditors can't do that anymore--unless you asked for an over-limit fee, that is. Banks may also not charge late fees if they were late in crediting a payment.(
Credit Card Accountability, Responsibility and Disclosure Act 2009)
Posted on
July 27, 2009
at
12:54 pm
I didn't have a late payment! That is what is so aggrivating about this. I did contact them and they said they had changed their terms and conditions and this was the root cause. They are re-sending it to me so that I can compare with what I received recently.
Posted on
August 2, 2009
at
10:29 am
So I get my copy of the terms and conditions - and get this - due to 'economic' times, they raised my rate and made it RETROACTIVE to 1/28/2009. Can they do that? I thought that credit rate increases can only be applied to new purchases?
