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Re:Capital One Made Me Different Loan Offers Depending On Wh... by ilamont on Tuesday November 02, 2010 @01:05PM (#1861296)
Capital One is famous for experimentation and segmentation based on messaging, response rate, demographic factors, and many other variables. It's how they came out of nowhere in the early 1990s (the founders were consultants who had zero banking or credit card experience) to disrupt the industry, most of which operated on one-size-fits all APRs and risk profiles.
Re:Capital One Made Me Different Loan Offers Depending On Wh... by twitter_v2 on Tuesday November 02, 2010 @03:19PM (#1861899)
Good point ilamont, I wonder if they have a'users vs risk' load balancer built into the search for the rate. For instance if 100k people tried for the same rate at the same time, would it randomly change the rate to balance the risk?