topic Re: Capital One FR in Credit Cards

Capital One FR

Anonymous — Thu, 21 Oct 2010 14:03:44 GMT

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.

Re: Capital One FR

score_building — Thu, 21 Oct 2010 14:57:02 GMT

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

Re: Capital One FR

llecs — Thu, 21 Oct 2010 14:57:53 GMT

Wow!! Who's next? First Premier?

Re: Capital One FR

Anonymous — Thu, 21 Oct 2010 15:00:13 GMT

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

Re: Capital One FR

mross1080 — Thu, 21 Oct 2010 15:10:22 GMT

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?

Re: Capital One FR

Anonymous — Thu, 21 Oct 2010 15:14:20 GMT

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

Re: Capital One FR

mross1080 — Thu, 21 Oct 2010 15:17:15 GMT

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?

Re: Capital One FR

Anonymous — Thu, 21 Oct 2010 15:20:58 GMT

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.

Re: Capital One FR

score_building — Thu, 21 Oct 2010 15:27:57 GMT

Is that right? wow, cap1 IS tripping.

Re: Capital One FR

haulingthescoreup — Thu, 21 Oct 2010 16:23:18 GMT

@Anonymous 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...

Re: Capital One FR

score_building — Thu, 21 Oct 2010 16:28:41 GMT

@haulingthescoreup wrote:

@Anonymous 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...

Re: Capital One FR

Anonymous — Thu, 21 Oct 2010 16:50:52 GMT

I happen to know her usage, ect, her limit is 700.00 her balance was 0 at the time. She only uses it for gas mostly. She does not have much credit, she has a few store cards and a NFCU Cash Rewards, but nothing negative.

I helped her rebuild about a year ago and since then she has been doing very good. She just got the 3k NFCU CR about 3 months ago. So I am really not sure why they are asking her to fill out this form. I told her not to, so she paid the balance on her other Capital One Card (She had 2) and she just called to close both accounts.

Re: Capital One FR

Anonymous — Thu, 21 Oct 2010 17:00:42 GMT

Capital One and FR? that's just plain gross! Can't picture cap one with Amex swagger...

Re: Capital One FR

Pushto700 — Thu, 21 Oct 2010 17:43:58 GMT

@Anonymous 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.

Wow. That is news....for a 700 limit? I am amazed. I say search elsewhere if she can for a better card (maybe a CU)....that is ridiculous.