I have Capital One Auto. Wanted to refinance, was told they do not refinance there loans, I wanted to defur
one payment. I was told no, so this made me fell behind one month. My payment is $479. The interest is very high. They call at lease 30 times a day. I also had a visa with them. Called for a pay off in 2008, paid it off and they still sent a bill for interest. When calling them to tell them I had no balance it was paid off, Capital one said they would fix it. It never happened. This when back a forth for 3 months, every month the charges got higher and higher . I will be paying off my car loan in July. I will never deal with them again. Stay away from Capital One no matter how good it sounds. Raleigh NC

On 4/28/09 I utilized a check that Capital One provided in the amount of $13, 000. I called to verify that the rate that would apply to this was 7.99 % prior to using the check and was assured that it was for the life of the balance. Today I received a notice in the mail from Capital One that they were going to increase the rate to 17.9 %. I called and spoke to Bernard an Accounts Supervisor, employee reference number, ADC418. He informed me that the APR for the $13, 000 would increase effective 8/1/09 to 17.9%, which reflects 14.65 plus prime. I informed him that this was unacceptable and I have always been in good standing with the company. He indicated that was why the company sent me notice. I called another one of my credit card companies the other day and was told the APR would be 8.99 %, or 5.74 plus prime. Bernard went on to say how Capital One was still trying to do business in this economy. We used the money to purchase a travel trailer. The US people have been asked to stimulate the economy. We have done so, my husband and I both work full time and are considered upper middle class. We chose to utilize this check because the interest rate was lower than that offered at the RV dealer. This choice hss come at a great expense if we do not pay Capital One back prior to 7/31/09. Do I have any recourse?
Angela

I am a Senior Technical Architect with two degrees in Computer Science. I have a Bachelors of Science Degree in Computer Science from the University of Minnesota and a Masters Degree in Software Engineering/Computer Science from Northwestern. I have worked as an Engineer, Programmer, Project Manager, Development Manager, and my last position was a Senior Technical Architect for Capital One. My position was eliminated and retitled about a year ago and given to an Indian H-1B visa worker from Bombay India. I had worked for my former company for 8 years providing them with quality results that were on time and on budget.

Capital One began a cost cutting program and eliminated 40% of it's technical workers. I was one of them. The company then hired 14 H-1B visa guest workers from India to fill in for the laid off full time American workers. They even had the balls to ask me if I would come in and train the H-1B visa workers on systems architecture and network design! I said I would just so I could go back into the company and tell my ex-boss and his boss to go and F**K THEMSELVES!!

I let my ex-boss know that what they did was immoral, downright weasel like, and probably illegal. I also let them know that I regarded their short sighted grab for profits by selling out American employees to be the ultimate sign of corporate malfeasance and cowardice. I said it loud enough so the entire department could hear me, including the Chief Technical Officer down the hall. I walked out of my ex-boss's office and through the main area in the IT department towards the exit. To my ultimate surprise, the IT employees came out of their cubicles and applauded me! The H-1B visa techies sat at a conference table in the main IT area looking utterly horrified at what they had just witnessed. My ex-boss just stood near his office silent, red faced, and apoplectic. Before I left I told everyone to remember that employee performance reviews were coming around for the management teams and to remember the poor management shown thus far.

I have complaints filed with the DOJ, INS, State of Virginia, Henrico County, and am contemplating filing a civil lawsuit.

Here's some news for those scabs-I worked 70 Hours plus per week as an exempt employee. I busted my ass 6 days a week to implement technical solutions your H-1B consulting companies wouldn't touch because of the technical complexity and need for real hard core technical smarts gained from experience, not just pumped into your head in a technical cram for the job interview. I have worked with some super smart H-1B software engineers in the past, I have also worked with H-1B visa 'Technical Engineers' who couldn't figure out how to subnet a simple IP based network.

Now its difficult to get back into the IT Field as more and more if your name isn't indian sounding you simply will NOT get that all important second interview. It becomes obvious when your interviewers are all Indians that what they are looking for is the one skill I do not possess.. that being, I am not an Indian!

Obama should do something to put a STOP to this racism towards American workers on our OWN SOIL!!

I just received a notice today that my rates were being raised by 10% on my Capital One credit card. I have been a customer for about 8 years now with no lates or overlimit charges and yet they raise my rate by 10%. When I called and asked for the reason the person continued to give me a read response of due to market conditions... So what your telling me is that others are not paying their bills and since you have been paying yours on time for so long we figured we would let you help pay their bills to!! This is not what they said but in a round about way what she was trying to say. Even after talking to a supervisor I was told to pay off my card and use the opt out and then in about a month to apply for a different card and I could get one of their promotion rates. What kind of BS is that.

Anyways after looking at Capital Ones home page new customers are getting rates as low as 9.99% well over what they are trying to change my rates to. This is ridiculous that they are doing this after receiving $3.55 Billion from the government. I can no longer continue to take the greed of these financial company's. They wonder why they got in this position this is why by purging the loyal paying customers and keeping the toxic ones. I am closing all my accounts with this company and will no longer have part in a company that does not care for itself nor it's customers. Their greed has deepened much like the oil companies hopefully our government will finally take a step back and let them fail to prove a lesson.

NEVER get the Capital One Payment Protection Plan. Although they take money out of your credit card each month to pay for this, it has so many loopholes that you will get royally screwed if you ever have to use it. First, if you have it and it and you become ill, it won't pay your balance like it says cause it will become a "preexisiting illness". Then, no one knows what is going on even though you become permanetly disabled (of course not of choice), and you really need it you have to start the "notice of claim, 6, yes, I said six weeks after becoming permanetely disabled. and even though it doesn't mention this 6 weeks in the disclosure notice and of the hell you are going through because you are SICK. You must have the correct date of disability or 8 years later they of someother hellhound credit bureau will sick (sic) a lawyer on you for full payment, take you to court and, or take all the money out of your checking account that was meant for medicine, rent, electric., etc. So never get this farce of a program because no one ever is benefited by it unless you fall into a perfect course of dates and then you are archived untill it goes throught 3 other "sister companies" (or Mother companies) 8 years later and you are screwed worse than ever! Thanks Capital One, I will be recommending your card to lots of other people!