I have no idea other than 'Principal owner(s) have past, present or pending legal action'. I've asked 5 supervisors there what this means and they refuse to elaborate.. only saying they made an 'executive decision'... etc.. etc..
Which essentially could mean a traffic ticket for all I know. 99% of the population in their life will have some 'past, present or pending legal action'.
I signed up with them a year ago and have used them for my small business to accumulate points, only to find one day the card coming back as declined one day..
They refuse to provide any reason or specifics other than letting me know they have a right to terminate any card and rewards at any time for any reason per se the 'terms and conditions I agreed too when signing up for the card'..
Originally Posted by
msp2anywhere
IIRC others have also filed a complaint with the Consumer Finance Protection Bureau as both leverage during mediation/arbitration/etc and as a method of tracking CapOne's activities to see if there's a pattern.
http://www.consumerfinance.gov/complaint/
The questions that many are likely asking include... (and you're under absolutely no obligation to divulge...) what prompted CapOne to query LexisNexis or other databases?