Capital One Bank Recieved a letter from Portfolio Recovery Stating I Owed Cap. One $1721.02-I've never had a bank account with them. Only a credit card with a limit no where NEAR that amount that is still in good standing. Norfolk Virginia

I recieved a collection letter in my mailbox stating I owed Capital One Bank $1721.02. Which I thought was a neat trick considering I've never had anything more then a credit card with them. Even then, my limit on said card was only 1/3 of that amount and still in good standing. Not sure how Capital One figures I owe them this money. But even so, I'm waiting to hear back from them on this. I know they have sent me letters in the past offering to finance an auto loan, but I've always torn those up and thrown them away. I can barely afford my bills now....much less a car payment.

Proverall
Austin, Texas
U.S.A.