Cigar Asylum Cigar Forum - View Single Post

Starz26 · 03-10-2010, 02:52 PM

My favorite was the 20 min discussion I had with Capital One for being fraudulent....

They called me and said that due to the new credit card act one of the benefits of my card the ability to approve charges over the credit limit was going away. This would hamper my ability to make larger emergency purchases. If I chose to opt-in I could keep this feature and they would only charge me $30.00 down from $35.00

The problem is that they did not mention the default APR that would be applied for going over the limit, sometimes as high as 30% apr. When I called them on this oversight they basically said, after about 5 mins of arguing, that "people should know the terms of their agreement"

They make it sound like the only fee is the $30.00 and that they are doing you a favor. I wonder how many fell for it....

What crooks....

03-10-2010, 02:52 PM	#5
Starz26 Adjusting to the Life Join Date: Aug 2009 First Name: Eric Location: Ohio Posts: 486 Trading: (22)	Re: Credit CARD Act My favorite was the 20 min discussion I had with Capital One for being fraudulent.... They called me and said that due to the new credit card act one of the benefits of my card the ability to approve charges over the credit limit was going away. This would hamper my ability to make larger emergency purchases. If I chose to opt-in I could keep this feature and they would only charge me $30.00 down from $35.00 The problem is that they did not mention the default APR that would be applied for going over the limit, sometimes as high as 30% apr. When I called them on this oversight they basically said, after about 5 mins of arguing, that "people should know the terms of their agreement" They make it sound like the only fee is the $30.00 and that they are doing you a favor. I wonder how many fell for it.... What crooks....