Call from Cap One

[sdoonan]

Monoline refers to operating in one specific area of the financial system. In our case, Capital One only does consumer lending and banking; no business/corporate clients.

[chan85]

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@sdoonan wrote:

Monoline refers to operating in one specific area of the financial system. In our case, Capital One only does consumer lending and banking; no business/corporate clients.

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So their small business cards fall under consumer lending/banking?

[sdoonan]

At least, that's what they used to be. I think the small business line of CC's is their first step into something other than consumer lending.

[chan85]

Gotcha! Thanks for explaining, I love learning about all these things

[sdoonan]

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@chan85 wrote:

Gotcha! Thanks for explaining, I love learning about all these things

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No worries chan85! And if I get something wrong, I'm sure someone who knows what they're actually talking about will step in! ^_^