Facts Facts Facts
Boerne,#2UPDATE Employee
Wed, February 25, 2009
Although I do agree that getting your interest rate raised for no apparent reason sucks but there is a method to the madness here. As we all know the economy isn't at its best right now and capital one is not raising your rate because you missed a payment or went over it is directly connected to the industry you work in. Basically if your in real estate there more of a chance that you will lose your source of income so they are at more risk of charging off the account. It's nothing personal.