Trying to Negotiate With Capital One
by Anonymous
(Texas)
I have tried negotiating directly with Capital One Bank for a reduction of interest rates (currently 16% and 23%) on a $10,000 debt. I am currently paying $175+ monthly interest with a minimum payment of $300. Apparently I missed an opportunity to stay at the very low rate of 6% interest which previously had been in effect. I have corresponded with them a couple times to no avail, with copies to the Office of the Comptroller of the Currency in Houston, TX -- all initiated back in December of 2009. Thus far no help. I cannot possibly deal with the above. Please help.