How Capital One Is Robbing You
Credit card companies are robbing us. In the last decade, they have nearly doubled their interest rates — and last year, Americans paid $170 billion in credit card interest. A former employee told us the companies operate like “loan sharks.”
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@spoonc
December 11, 2025 at 3:42 am
Where did the first woman find a mortgage payment anywhere around $700 to $1000?
@coniferousbug2395
December 11, 2025 at 3:42 am
CapitalOne online dashboard or online account has the weakest security EVER. Hackers can easily change, or reset, your password if they know your last name, SSN and also DOB. Once they found a leak in that information in the dark web….you're money will be gone. I transferred all of my money from Capital One to a different, more secure bank. CapitalOne does not have a Two Authentication factor. They dont have the capability to send a code to your registered phone number before you can completely log in.
@Flutterbox
December 11, 2025 at 3:42 am
Cfpb cc tool is no longer active
@ljwithnok2615
December 11, 2025 at 3:42 am
@11:37 that tool no longer exists on the CFPB website
@513morris
December 11, 2025 at 3:42 am
If you're not paying in full every month, then you're living beyond your means.
@Heyitspat
December 11, 2025 at 3:42 am
The issue is, for folks outside the financial industry, people aren’t made aware of what a fair cost of borrowing is. 5:17
@Tryp-j9d
December 11, 2025 at 3:42 am
Did she put those INCREDIBLY STUPID NOSE rings on a credit card??
@Tryp-j9d
December 11, 2025 at 3:42 am
SCREW the DOPES who are STUPID enough to VOLUNTEER to pay MASSIVE interest rates!!! They DESERVE to get SCAMMED!!
@el_gatito_cafeinado
December 11, 2025 at 3:42 am
i can sympathize when i was a new graduate nurse, took a long time to pay off my $15k. i had no choice living in austin, high rent low pay. i am grateful now. i do not spend what i do not have. just beating the system & getting free rewards/cash. my scores are close to 800, interest is still above 25%, irrelevant for me personally.
@Chairborne2025
December 11, 2025 at 3:42 am
Everyone keeps forgetting this is Reganomics
@satanbutterwolf1107
December 11, 2025 at 3:42 am
Capital One cancelled my card with them because I always paid it as soon as I used it and it never held a balance. They don't like that.
@stalkingtigerscom
December 11, 2025 at 3:42 am
I have credit just under 800. I have cancelled my Capital One but lets not forget other banks. i had 3 cards with US Bank, no late payments, under 30% balances. i got a letter about my " Bad Credit" it dipped from 793 to 728 when my wife passed and i put much on my credit cards. of course, everyone in that business are scamming crooks. The headstone could not take a down payment and wait until the insurance came in, even though he did not touch a thing for 6 months.. of course, they all had to add 3% for some ficional credit card fee. Sure, they pay like 1% – 2% interest so they doubled thier money. US Bank sent me a letter stating my 24% card was going to 28%… SCAMMING me.. i got ahold of my credit union, she looked up my credit and could not believe it. she asked me, about an intro for 6 months of 3.9% then it goes to 12%… i jumped on it. she wanted me to cancel 2 of my cards with us bank, gee? Trade in 2 cards over 25% for a 12% one, where do i sign. i saved so much money, that is why i paid off the capital one also. got rid of 3 cards…
@leifcatt
December 11, 2025 at 3:42 am
My debit card doesn't care.
@DukeSilver1
December 11, 2025 at 3:42 am
So it sounds like the consumer is too lazy to switch cards
@JayHawk02
December 11, 2025 at 3:42 am
"There's a sucker born every minute"
@fullarmourC
December 11, 2025 at 3:42 am
I stopped using my credit cards with the intention to pay them off but these crooks finds all kinds of ways to defeat you. First of all they try to close your account if you haven't use it in about a year. Next, they reduce your credit limit next to nothing as retaliation. Then they use predatory practices to monitoring your other accounts which have nothing to do with them, to charge you higher interest rates if you missed 1 payment or late paid on an account that has nothing to do with them. Ive gotten to the point where i don't care about credit anymore, i will continue to not use credit cards and pay them off no matter what yhey do. If they retaliate, then i retaliate back by not ever using a credit card again. They don't want you to be debt free.
@BorkDorkArt
December 11, 2025 at 3:42 am
Banks target young people who don't know any better and don't know how the system works. The amount of 20-something year olds I've spoken to who don't know what their interest rate even is, is staggering. And no one is teaching these young adults who are coming into the adult world already struggling what it means to have a credit card and what you SHOULD be using it for and how to use it RESPONSIBLY.
I am 31, and the only debt I owe is from a dental surgery that I pay into every month. The interest rate on it is around 17%, which I would say is super lucky, considering interest rates nowadays. I refuse to get a credit card, and if I'm ever struggling, I have family to fall back on in hard times that are willing to loan me cash or just help me out by providing what I need. There are other ways to make it without accumulating tons of debt, we just have to teach the youth of today that there is, in fact, another option available…at least for now. I fear for the future.
@mavindraganga3398
December 11, 2025 at 3:42 am
I agree with the interest rates tbh it should go up to like 30% to teach people to only spend what they have!
@mavindraganga3398
December 11, 2025 at 3:42 am
If you pay off your credit card on time and only spend what you have and not spend more than you earn like a dumbass you'll be fine
@Canixidy
December 11, 2025 at 3:42 am
Please investigate voting choice program for ETF investments. Some firms, like State Street, allow you to direct proxy voting for your shares towards pro-union positions.
@austinconaway3487
December 11, 2025 at 3:42 am
It’s not robbing if you don’t understand how they work. It’s pretty straightforward. Pay the statements and you won’t get “robbed”
@Austin_CU
December 11, 2025 at 3:42 am
I genuinely don’t feel bad for these people. Its their choices not the banks fault lol. Simply dont spend money on stuff you cant afford.
@PreferablyBiased
December 11, 2025 at 3:42 am
These people can afford the interest payments each month but couldn’t afford to pay off the card each month?
@coreynelson9727
December 11, 2025 at 3:42 am
I use my credit card for every possible transaction. Use it as a checking account. I probably pay my credit card 10 times a month. Pay it off every month. 1.5-10% for every purchase is free money back in my pocket. I love credit cards, but feel bad for the people who are in debt. A slippery slope It can be for sure.
@WorlPangea
December 11, 2025 at 3:42 am
The problem is because companies are expected to “grow” based on the market. If a company isn’t growing- it will be deemed unworthy of investments because your money isn’t growing and that’s a domino effect. So how does a company grow? To increases profit- 2 ways to do so- get more costumers and/or increase profit margins, aka raise prices. This of course falls on the consumers as for big companies- getting more costumers is hard when you already control a huge portion of the market.
@lovelybones7080
December 11, 2025 at 3:42 am
I did not know so many repubs watched Perfect Union based off the comments. They aren't comparing folk abusing credit, they are comparing unproportional margin rise of gains and year over year lowering of defualts on credit interest.
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