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Capital One is a financial corporation offering banking services, credit cards, and loans with a focus on technology and innovation.
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Credit One Bank, N.A., headquartered in Las Vegas, Nevada, is a bank specializing in credit cards for borrowers with low credit scores. [2] It is owned by Sherman Financial Group, which runs one of the largest buyers of consumer debt in the United States. [3]
After Capital One generated $8.5 billion in credit card balances from Walmart customers, the bank squandered an exclusive deal, opening up a competition for the valuable market.
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