As a kid with a credit limit to budget against, I seemed to abuse the privilage and overlook that this is based on my credit and an interest rate that I still have trouble understanding when it comes to the gracing period. They want either all their moey that has been credited to you or a percentage that is affected every 25 to 30 days.

I did not know that I could at least pay the interst of credit that has been given via card. No wonder school seemed unaffordable on my own.

I had a lot of problems with Capital One. I went through a period of no income and I maxed out my credit card. I missed payments and they imediatly started their harrasment. They then raised their interest and continued calling almost daily. They only gave me a few chances to set up new payment plans before they started asking for the whole amount. After this the would only except the lump sum. After some time not being able to pay this they decided to sue me. I unterstand that it was my fault for not paying. They however, were not understanding of my situation and in my opinion very unreasonable .