Capital One Complaint - Can Capital One be stopped ????
CHESAPEAKE, VIRGINIA -- I was married for 8 years and my ex wife totally destroyed my credit. After we seperated I made an attempt to reestablish my credit and took a chance with Capital One. My payments were always made on time if not early so they increased my limit by 200.00 within a year (which made it $500.00 limit altogether).
Capital One has an anual fee which is pretty steep. My charges were under my limit until Capital One tacked on that big annual fee and didn't even warn me about it, and it put me well over my limit so they in turn tacked on extra charges for that. it made it so my payments couldn't get me back in black, so I decided to just give up any chance of regaining credit and blew it off.
Well, to my surprise on Thanksgiving Day (1 week ago) I took my kids to Old Country Buffet for Thanksgiving Dinner and I knew I had money in my account and when they swiped my debit card it came back as declined. I was shocked and extremely embarassed and didn't know why it happened.
Since it was a Holiday I had to wait until the next day to contact my bank and inquire as to what happened. It seems that Capital One got a judgement for 1,044 dollars from me and had frozen my account. To make matters worse, my 2 week paycheck went into my account that Friday AM (from direct deposit) and I couldn't touch the money I needed to pay bills and put food on my table. I had to stop my direct deposit at work and I have no idea how I can even cash my paychecks in the future until Capital One leaves me alone. I feel they may move to garnish my wages in the near future since I'm $400.00 short of what they want in my checking account. I was starting to get ahead financially and now I am set so far back I feel I may not be able to recover for at least another year. All of this happened of course right at the Holidays, so my kids will not have a Christmas either due to this. My children are the most loving and wonderful kids anyone has ever met and it breaks my heart that this has transpired. My ex can't help with Christmas for them either since she depends on my giving her $700.00 per month in child support and is currently not working. I feel so violated by Capital One
To help keep me as a potential future customer, I would like the following:
What I'd really like done about it is that a law be passed that will not give big rip off corporations the power to keep all your money but that'll never happen.
What I'll settle for is alot of negative publicity for Capital One and thier shady dealings, so as to protect other consumers who could get financially ruined by trying those rip off artists
At the very least I would like a response from your company regarding this incident. Thank you for your time.