“It’s an example of the worst type of financial company that exists to completely screw over their customers with outrageous fees, deceptive benefits, and absurd teaser rates.”

– RAMIT SETHI, author and personal finance blogger, describing Capital One (which recently purchased the popular, customer-friendly online bank ING Direct) [via I Will Teach You to Be Rich]

If that’s not clear enough, Ramit explains his position further:

There are companies that are pure pieces of s***.

Companies that I go out of my way to avoid, and warn everyone else about.

Capital One is one of those companies.

(MORE: Capital One Buys ING Direct, and Customers Start to Freak Out)

June 27, 2011 | +

Related Topics: Capital One, fees, ING Direct, online banking, Banking, Credit Cards, Saving & Spending

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