I'm sorry, I just have to vent.
I went online today to make my Capitol One CC payment and found they raised my rate from 8.99% to 17.99%. Of course I called them, and they told me there was nothing they could do to put the interest rate back to where it was.
They said 50% of customers had their interest rate raised this month and in August the other 50% of customers will have the interest rate increased. So if you have a Capitol One account watch your statement.
This is a company that took $3.56 BILLION in bailout money!
I am just so furious! Of course there is nothing I can do. Keep in mind I have NEVER been late on a payment (I've had the account almost 6 years) I always pay more than the minimum, I've never gone over my limit and they still raised my rates to almost double!
I guess that's it, if you made it this far, thanks for listening.