From:
"Sam Roney" <samgroney@gmail.com> on 07/29/2008 12:15:03 PM
Subject:
Regulation AA
Sirs:
I have a Capital One Platinum Visa card with a $6,000 limit. I have never been late with
any payments over
the entire of at least six years I have had this card.
Further, my credit score has been above 700 for at least several years, and at last count
was at 719. My other
credit obligations have not had any late payments for at least the past eight years or
more.
Last year, Capital One, without any reason whatsoever, raised my interest rate from
12.9% to 19.9% APR, with
absolutely no reason given. When I telephoned to complain, they could give no reason,
other than to say " it
was part of a corporate decision to raise a number of rates for corporate reasons ". That
was all I got as an
explanation for raising my rate, after an exemplary payment record of never being late
one time with them.
Anything you can do to come down on these people in the cr4edit card industry is well
deserved by them for
their unfair methods of doing business like this.
SAM G. RONEY
1208 Bon Air Drive
Augusta, GA. 30907
PH 706 495-7894 email: samgroney@gmail.com