I missed one payment in April 20011, which is due on the 15th of every month. i called capital One auto finance on several occasions and was told that i could pay the late fee at the end of my last car note, but in the mean time they will charged be monthly fee's, in the amount of $23.23, until i catch up with the payment i missed in April 2011.
I don't understand why they charged me every month for one missed payment, now my late fee's is $141.96. I was told on several occasions that they give me only ten days to catch up with my payment, if i cannot do that, then they have a right to charged me every month until that payment is caught up, nothing else can be offered.
I'm pissed, My monthly payment is $475.75, which i have been paying on time, accept for that one month i missed. It's bad enough i have to pay over $9,000 more for what the vehicle was worth, 2008 ford escape which was value at $27,000.