[Unlikely Hero]

I know what you mean, it’s just unfortunate that boilerplate like that is enforceable. Capital One just raised my rate to a near-usurious amount and when I called to complain they admitted I was never late or anything, and always paid early, but that they raised them due to economic conditions.

I have been making every effort to pay them down but it’s been tough—dating back to when I was underemployed and my wife lost her job. Now she’s going to massage therapy school and once she gets done there I think we’ll be okay. Until then, I just have to stay afloat.

I am mad at the credit card companies, but I am also mad at myself for finding myself so deep in debt. But that’s life I guess.

[Obadiah]

Keep your chin up. Most of us who are honest have been there. Why do you think there is such a vengence of dislike for credit card companies. Just remember who stuck it to you in hard times (and for no reason) and totally wash your hands of them when the financial sun comes out shining again.

[utahagen]

Capital One is a sleazy company. I strongly suspect they are deliberately slow when handling incoming mail, because I'd get hit with late fees when I'd mail my payment a full five days before it was due. (I also mailed other cards’ payments on the same day as I mailed Capital One's. Mysteriously, the other credit card companies received my payments days before Capital One did.) Anyway, I don't like the way Capital One does business, so I canceled my card. I don't need Obama interfering with the free markets in order to “help” people like me.

[chris_bdba]

Same company just did the same to us. I’ve never been late or missed a payment. Luckily we don’t have a very large balance and good credit so when the next good offer came I jumped on it and transfered the balance at a free transfer, 5.99% until it is completely paid off and a 1.9% for the first year. Go look up what HSBC is offering right now and see if you can do the same. :)