Reply
Valued Contributor
bs6054
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
Jutz
Posts: 1,216
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 694, TU FICO 695, EX FICO 698 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $29,500
  • Inquiries (12 Months): EQ 6 TU 3 EX 6 | Most Recent: 1/21/2014
Chase Freedom $5000
DCU Visa $10000
Capital One QS $2000
AMEX BCE $1000
Lowe's CC $8500
WalMart CC $2400
BOA Platinum $600
AMEX Gold NPSL

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+