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Beware - Capitol One Increasing Rate


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For anyone with a balance outstanding please note that once you have received money from Capitol One they are then sending out new terms and conditions for their card. I received a letter at the weekend which has put my card rate up to 23.9%. Luckily I do not owe them anything but I think this is a devious tactic by them. Knowing they have to refund the charges back to the customer - albeit not that easy to get money from them. This appears to be their payback.

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