Reply
New Contributor
tmazzi
Posts: 56
Registered: ‎11-16-2008
0

Capital One FR

Has anyone ever been asked by Capital One for a FR? I know Amex is does but I have not heard of Capital One doing this. They just did it to my sister.

Senior Contributor
score_building
Posts: 3,552
Registered: ‎01-10-2008
0

Re: Capital One FR

Sounds unusual, hmm, at least their low limit CLs wouldn't appear to warrant this type of review.

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Moderator Emeritus
llecs
Posts: 32,881
Registered: ‎08-04-2007
0

Re: Capital One FR

Wow!! Who's next? First Premier?

New Contributor
tmazzi
Posts: 56
Registered: ‎11-16-2008
0

Re: Capital One FR

Yes it was a very low limit 700.00. When she told me I was in shock!

Established Contributor
mross1080
Posts: 527
Registered: ‎04-21-2010
0

Re: Capital One FR

Did they want the IRS form or just paystubs? I personally would have laughed at them and canceled. I can see putting up with it for a good card but not capital one. Did they suspend the account when they did it?

New Contributor
tmazzi
Posts: 56
Registered: ‎11-16-2008
0

Re: Capital One FR

No it was an IRS form. I told her to tell them to keep their card.

Established Contributor
mross1080
Posts: 527
Registered: ‎04-21-2010
0

Re: Capital One FR

Wow its something new everyday. I have 2 cap one cards and I wouldnt even think about it I would cancel. I guess thats where everything is going. I just cant believe there doing it for such small limits. Did she apply for a auto loan with them or something like that?

New Contributor
tmazzi
Posts: 56
Registered: ‎11-16-2008
0

Re: Capital One FR

No nothing. She said she went to use the card at the gas station and it declined, she called and this is what they told her and said she will need to fill out a form to release 2 years of tax returns. Today she got the form.

Senior Contributor
score_building
Posts: 3,552
Registered: ‎01-10-2008
0

Re: Capital One FR

Is that right?  wow, cap1 IS tripping.

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
0

Re: Capital One FR

 


tmazzi wrote:

No nothing. She said she went to use the card at the gas station and it declined, she called and this is what they told her and said she will need to fill out a form to release 2 years of tax returns. Today she got the form.


 

Don't know if she would share this with you, but has her reported usage changed in any way? Lots of new cards, climbing balances/ lates on other accounts, starting to carry balances, etc.

 

The Vikings or Visigoths or whatever they are on the commercials combined with an F/R makes for a disturbing mental image...

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

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+
}