Capital one auto is a rip offJune 12th, 2008 - 12:09 am ICT by David M N James
Prestigious company Capital One Auto is being dubbed a rip off due to its astronomical figures it charges on transactions with clients. The company has been called a loan shark after charging these unrealistic figures on transactions with clients. The company has a web site http://www.capitalone.com/autoloans/ which provides information about and access to financial services offered by the Capital One family of companies, including Capital One Bank (USA), N.A. and Capital One, N.A., members FDIC. Only Capital One Auto uses call-in and select Car-Pay which they charging $8.95. Such services are offered by e-bay. Capita has been issuing pay and shop checks, a service which helps customer shop and repay monthly. The problem of e-bay Australia led to consumer dissonance as is current with Capital one auto. The company has very poor customer service which gives the customers headaches.
The company has been heralded as an expensive loan shark and has begun receiving bad publicity over its dealings and expensive charges on payments. Capital one auto refinances loans which the company says helps the customers lower monthly car repayments and save an average of $37 per month plus a free auto refinance quote. The company might start loosing on its prestigious outlook and profile and become another hated financial company .