For first time in a long time, Capital One said it saw a significant drop in the number of accounts that were 30 days or more behind. Late payments slipped to 4.26 percent from 4.56 percent in October. Capital One

Posted on December 30th, 2010 by flcadmin
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The New Year’s Day Capital One Bowl in Orlando is the best non-BCS bowl this season. Alabama is currently a 10-point favorite, according to college bowl game odds. Michigan State certainly appears on the way up, Alabama still has more talent at nearly every position but a few. Capital One

Posted on December 29th, 2010 by flcadmin
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Capital One’s credit card portfolio increased to $19.6 billion in 2010 at a growth rate of 6.5%. Capital One expects to continue to grow its credit card balance albeit at a slower rate, given the strong impact of deleveraging on consumer behavior. Capital One’s credit card loan outstanding will reach $24 billion by 2013, according [...]

Posted on December 28th, 2010 by flcadmin
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Capital One Bank is offering their Internet Online Checking Account that currently has one of the best checking rates available. An online checking account at Capital One Direct Banking is opened online. The process is quick and painless. Checking Benefits from the Internet Online Checking Account from Capital One: Free Checking Paper Checks Debit Card [...]

Posted on December 23rd, 2010 by flcadmin
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Discover’s shrinking book of loans, drove the company’s shares down. Discover’s results underscore the sliding revenue trend that is plaguing the card industry, which is facing shrinking loan balances. In addition to the interest Discover earns on its credit card loans, a chunk of its revenue comes from fees it charges banks and merchants. Credit [...]

Posted on December 21st, 2010 by flcadmin
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Wells Fargo & Co. agreed to provide loan modifications worth more than $2 billion to homeowners who have pick-a-pay loans. Pick-a-pay, or pay option adjustable-rate mortgage loans, allowed borrowers to make payments at various levels. Loans Modification

Posted on December 19th, 2010 by flcadmin
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Capital One headquartered in McLean, Virginia, offers a broad array of financial products and services to consumers, small businesses and commercial clients in the U.S. Capital One Score Top Marks for Small Business Banking. The recently conducted study, which reviewed 700 small businesses experience with 33 large banks found that the McLean, Va. institution, Capital [...]

Posted on December 17th, 2010 by flcadmin
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