Reply
Valued Contributor
Posts: 1,673
Registered: ‎11-11-2012
0

Re: CAPITAL One Stinks!


Jutz wrote:

knoregs wrote:

People still get paper statements in the mail? The only statement/bill I've received in the mail in the last five or so years is from Fairpoint. I've asked that they not send because all I do is feed it directly into the shredder unopened but they tell me that due to Federal regulations they must send it.

 

~kn

 


I'm pretty sure that's because Fairpoint doesn't own computers yet.


Off topic, but there is a little bit of truth in what FP might say.   The FCC has strict CPNI/anti-pretexting rules (with fines around $1M per day!) and the easiest way for a carrier to comply is to send a paper bill to the address of record every month.   Now with a bit more work, they can get an email address of record and send stuff there instead, but that needs more record keeping which apparently they don't want to do, maybe because their computer's 64K of memory is full.

Valued Contributor
Posts: 1,228
Registered: ‎05-10-2012
0

Re: CAPITAL One Stinks!


bs6054 wrote:

Jutz wrote:

knoregs wrote:

People still get paper statements in the mail? The only statement/bill I've received in the mail in the last five or so years is from Fairpoint. I've asked that they not send because all I do is feed it directly into the shredder unopened but they tell me that due to Federal regulations they must send it.

 

~kn

 


I'm pretty sure that's because Fairpoint doesn't own computers yet.


Off topic, but there is a little bit of truth in what FP might say.   The FCC has strict CPNI/anti-pretexting rules (with fines around $1M per day!) and the easiest way for a carrier to comply is to send a paper bill to the address of record every month.   Now with a bit more work, they can get an email address of record and send stuff there instead, but that needs more record keeping which apparently they don't want to do, maybe because their computer's 64K of memory is full.


With Fairpoint, it just means their hands are tired and pens out of ink.

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
Chase Freedom $9500
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
Lowe's CC $8500
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.