I'm a little suspicious of the Capitol One Blank Check -- can anyone vouch?
11-03-2012 07:25 AM
I applied for the Capitol One Blank Check and got it. 2.75% for a 66 month loan of 31,000. My credit score (TU 661 and Equifax 671). I have a great length of history credit report ad I pay stuff on time. Prior to the Unfortunate Incidents of 2007, I had excellent credit. I have a few collections for small medical bills. The problem is my credit cards are maxed out to the tune of 13,000. My car is dying and death is imminent. After a lot of talking and gnashing of teeth, we're taking a withdrawal on a retirement fund to pay off the credit cards and to put down a down payment on the new car. We haven't actually made those payments yet so they can't be showing up anywhere. I applied for the Cap One thing just to see what was going to happen. Based on their response, I went to lending tree and the only other response was a "call us" from Blue Harbor. So what's up with this? I get 2.75% from Cap One and nobody else will touch me? That makes me nervous. I was really hoping I had a shot at Toyota Financing since they're offering 0% on the model I want. I'm not sure my car is going to last long enough for the credit card pay-off to reflect in my credit score. So. What do y'all know about Cap One and Toyota Financing?